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Listed by Elijah Castelli • Elevate Real Estate
$ 679,998
Est. payment /mo
Active
11279 Nashville Hwy Baxter, TN 38544
6,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $106
Subdivision Na
MLS Listing ID 3250882
HOA Y/N No
Year Built 1988
Annual Tax Amount $1,065
Lot Dimensions 52272
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
Zoning Res
Interior
Heating Electric
Cooling Central Air
Flooring Carpet, Concrete, Luxury Vinyl, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available
View Y/N false
Roof Type Metal
Private Pool false
Building
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
Others
Senior Community false
Special Listing Condition Standard
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