BEDS0
BATHS
SQUARE FEET6,400
MLS#1346108
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
NEIGHBORHOODPutnam County - 53
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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Electric
Heating: Central, Electric
Lot Size: 1.20 Acres
Year Built: 1988
Feature Descriptions
Appliances: Dishwasher
Days on Site: 4
Exterior: Vinyl Siding, Frame, Other
Flooring: Carpet, Vinyl, Other
Lot Dimensions: Approx 1.2 Acres
Parcel #: 036 00801 000
Parking: Off-Street Parking
SQFT Total: 6400
Units: 5
Listed By / Shown By
Listed By
Agency Name: Elevate Real Estate
Shown By
Agent Name: Morristown Office
Agent Phone: (423) 586-4115
Agency Title: Crye-Leike Real Estate Services
Source: East Tennessee REALTORS
Estimate Your Payment
Estimated Payment
$ 1,837.58 per month $1,624.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $212.92 Homeowner's InsuranceChange Payment Information
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11279 Nashville Hwy | MLS# 1346108
This multi-family property located at 11279 Nashville Hwy, Baxter, TN 38544 is currently listed for sale with an asking price of $729,998. Search Putnam County - 53 real estate on morristown.easttnliving.net today.