318 52nd St, Ashland, KY 41101

Fun fact for owner-occupants: Duplexes can be an excellent opportunity for buyers looking to “house hack.” Qualified purchasers may be able to live in one unit and rent the other using FHA financing with as little as 3.5% down, making this a unique option for both investors and owner-occupants alike (buyer to verify loan eligibility). Excellent opportunity to acquire a successful, income-producing short-term rental duplex located in a convenient, highly trafficked area with strong visibility and demand. This property has demonstrated consistent performance with an approximately 100% occupancy rate over the past year, generating gross revenues of almost $64,000 for the 2025 calendar year. The fully furnished property offers a true turn-key investment—furniture and all contents may convey with an acceptable full-price offer and acceptable terms, allowing for seamless continuation of operations. The lower unit features 2 bedrooms and 1 full bath, vaulted ceilings, and original charm throughout. Enjoy a spacious living room, dining room, large kitchen, and both front and rear decks—perfect for guest relaxation and entertaining. The upper unit includes 3 bedrooms, 1 full bath, a living room, and an eat-in kitchen area. A private deck offers river views, while a bonus space provides flexibility for a home office or oversized walk-in closet. There is a way to combine the units and have a large single family home! Ample flat off-street parking accommodates multiple guests, with additional street parking available for overflow. Whether you’re expanding an existing short-term rental portfolio or entering the STR market, this property offers proven income, strong occupancy, flexible financing potential, and immediate cash-flow opportunity in a prime location. *Seller is licensed realtor.*