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JEFFREY A SMITH

jeffrey@jascorealtors.com +1(901) 871-4663

Listed by Elijah Castelli • Elevate Real Estate

$ 729,998

Est. payment -/mo

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11279 Nashville Hwy Baxter, TN 38544

11 Beds

5 Baths

6,400 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $114

MLS Listing ID 3250883

Bedrooms 11

Full Baths 5

HOA Y/N false

Year Built 1988

Annual Tax Amount $1,065

Lot Size 1.200 Acres

Lot Dimensions 52272

Property Sub-Type Single Family Residence

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!

Location

State TN

County Putnam County

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Concrete, Vinyl

Fireplace Y

Appliance Electric Oven, Electric Range, Dishwasher, Refrigerator

Exterior

Utilities Available Electricity Available

View Y/N true

View Mountain(s)

Roof Type Metal

Private Pool false

Building

Lot Description Corner Lot, Views, Wooded

Story 2

Sewer Septic Tank

Water Well

Structure Type Frame

New Construction false

Schools

Elementary Schools Baxter Primary

Middle Schools Upperman Middle School

High Schools Upperman High School

JEFFREY A SMITH

Broker | License ID: TN: 322248 | MS: 21256

+1(901) 871-4663

JEFFREY A SMITH

11279 Nashville Hwy Baxter, TN 38544

Key Details

Location

Interior

Exterior

Building

Schools

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11279 Nashville Hwy