11279 Nashville Hwy, Baxter, TN 38544

$700,000
11
BD
5
BA
6,400
SqFt

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List Price
$700,000
Status
ACTIVE
Days on Market
37
Price Change
▼ $29,998 1784850140
MLS#
1346105
Subtype
Residential
Style
Contemporary
Year Built
1988
Bedrooms
11
Bathrooms
5
Full Baths
5
Living Area
6,400
Lot Size
52,272
Acres
1.20

Property Description

FANTASTIC INVESTMENT OPPORTUNITY with immediate income potential & room to grow! Situated on approximately 1.2 acres, this unique property features 5 apartment units plus a detached storage building with endless possibilities. Apartments include (3) 800 sqft 2BR/1BA units, (1) spacious 1300 sqft 3BR/1BA unit, & (1) 1100 sqft 2BR/1BA unit currently under renovation. A former 1600 sqft store has been converted into one large storage unit & could easily be divided into multiple units for additional rental income. Major updates already completed including PEX plumbing & new 50-gallon water heaters in all apartments. Property is currently on well water with city water available at the road. Conveniently located just 20 minutes to Cummins Falls State Park or Downtown Cookeville & only an hour to BNA. Excellent location for long-term rental demand. 48-hour notice required for all showings. Schedule your tour today!

Additional Information

Property Description
Contemporary
Appliances
Dishwasher, Range, Refrigerator
Heating
Central, Other, Electric
Air Conditioning
Central Air
Exterior Construction
Frame, Vinyl Siding, Other
View
Country Setting

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Calculator source: Real Geeks

Listing courtesy of Elijah Castelli of Elevate Real Estate.

Agent: Elijah Castelli |

Office: Elevate Real Estate |