HIGHLY PROFITABLE AIRBNB + STUDENT HOUSING APPROVED! Nestled near the Auburn airport, this luxurious 4 bedroom, 3.5 bathroom newly constructed townhome presents a prime investment opportunity. Generating an impressive $108,473 in revenue over the past 12 months at a 63% occupancy rate, this property has proven its worth. With an average monthly income of $9,039, this townhome is not only a financial asset but also a versatile accommodation option, approved for both student housing and short-term rentals—a rarity in Auburn. The property features high-end finishes and modern amenities, including a full suite of designer furniture valued at $60k. This location offers easy access to Auburn University, local games, and vibrant downtown life. Upcoming bookings are already in place, proving demand and ready for new owners looking to capitalize on this turnkey investment.
Sold for $460,000 on 08/02/24
$460,000
703 Cyprus Cove Dr, Auburn, AL 36830
4beds
2,230sqft
Townhouse
Built in 2022
3,049.2 Square Feet Lot
$415,600 Zestimate®
$206/sqft
$2,482 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 03, 2025 at 07:59am
Listed by:
CHRIS KEARNS,
AUBURN INVESTMENT PROPERTIES 334-332-6136
Bought with:
CHRIS KEARNS, 81423
ROOTS REAL ESTATE INVESTMENT & DEVELOPMENT
Source: LCMLS,MLS#: 169968Originating MLS: Lee County Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Stove, Washer
Features
- Ceiling Fan(s), Kitchen Island, Primary Downstairs, Pantry, Window Treatments, Attic
- Flooring: Carpet, Ceramic Tile, Plank, Simulated Wood
- Windows: Window Treatments
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 2,230 sqft
- Finished area above ground: 2,230
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, One Car Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Covered
- Exterior features: Storage
- Pool features: None
- Fencing: None
Lot
- Size: 3,049 sqft
- Features: < 1/4 Acre
Details
- Parcel number: 0908281000027.000
- Zoning description: CDD
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Cement Siding
- Foundation: Slab
Condition
- Year built: 2022
Details
- Builder name: Holland Homes
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Sewer Connected, Water Available
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Auburn
- Subdivision: Cyprus Cove
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $135 monthly
- Amenities included: Maintenance Grounds
- Services included: None
Services availability

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