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Business Opportunity,Other - Providence, KY
Excellent investment opportunity with versatile income potential! Property includes 38 storage units of varying sizes plus a 50x100 commercial building. Previous rental history shows the large storage unit at $100/month, most units at $40/month, and three smaller units at $20/month. On end of the building are four apartments—two studios and two one-bedrooms—each with separate entrances. Apartments previously rented at $500/month as-is, but with updates could bring in significantly higher rates. With their flexible layout and proximity to industry in Madisonville, they offer excellent Airbnb and short-term rental possibilities, in addition to long-term rental income. The large commercial building provides even more options—ideal for a mechanics shop, garage, or workshop. Situated on an estimated 1.5 acres (survey in progress) and equipped with Phase 3 electric, this property blends stor...
Excellent investment opportunity with versatile income potential! Property includes 38 storage units of varying sizes plus a 50x100 commercial building. Previous rental history shows the large storage unit at $100/month, most units at $40/month, and three smaller units at $20/month. On end of the building are four apartments—two studios and two one-bedrooms—each with separate entrances. Apartments previously rented at $500/month as-is, but with updates could bring in significantly higher rates. With their flexible layout and proximity to industry in Madisonville, they offer excellent Airbnb and short-term rental possibilities, in addition to long-term rental income. The large commercial building provides even more options—ideal for a mechanics shop, garage, or workshop. Situated on an estimated 1.5 acres (survey in progress) and equipped with Phase 3 electric, this property blends storage income, residential rental potential, and commercial use flexibility into one solid investment.
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