184 1/2 State St, Louisville, KY 40206 | MLS# 1696324

Description

This fully furnished turnkey Airbnb in Crescent Hill has been a top-rated rental since 2019 with a 4.93 guest rating, offering 3 bedrooms, 2 full baths including a first-floor primary suite, an updated kitchen with new appliances, refinished hardwood floors, and new LVP in the bedrooms. The inviting front and rear outdoor spaces provide ideal areas for relaxation and entertaining, while the garage generates additional income at $100 per month. Located in the historic Clifton preservation district, the property is eligible for Kentucky historic tax credits of up to 30% back on improvement projects between $20,000 and $400,000 for qualifying work. This sale includes all contents and furnishings, so you can step into immediate profitability from day one. The annual Airbnb registration fee of $250 keeps vacation rental options active and allows for future resale as an Airbnb or owner-occupied residence. The financials reflect strong performance, with an average net income of $31,450.87 from Airbnb operations (not including garage rent), and if you continue renting the garage, total net income increases by an additional $1,200 per year, further improving returns. Airbnb Listing: www.airbnb.com/rooms/41556120 (CUP: 19-CUP-0247)