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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

    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.

    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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