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
MLS#
3250883
Price Change
▼ $29,998 1784850114
Days on Market
33
Bedrooms
11
Bathrooms
5
Full Bathrooms
5
Living Area
6,400
Lot Size
52,272
Acres
1.20
County
Putnam County

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

Amenities Other
Ceiling Fan(s)
Basement Description
Other
Bedrooms Main
11
Construction Type
Frame
Cooling System
Central Air
Elementary School
Baxter Primary
Floor Types
Carpet, Concrete, Vinyl
Heating System
Central, Electric
High School
Upperman High School
Interior Other
Ceiling Fan(s)
Junior High School
Upperman Middle School
Living Area
6,400
Lot Description
Corner Lot, Views, Wooded
Lot Dimensions
52272
Number Of Stories
2
Patio Deck
Deck
Roofing Material
Metal
Sewer System
Septic Tank
Style
Contemporary
Subdivision
N/A
Subtype
Single Family Residence
Tax Amount
$1,065
Water Source
Well
Year Built
1988
Style
Contemporary
Type
Single Family Residential

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Elevate Real Estate.

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