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$679,998 $106/sq ft
Active 59 days on market

11279 Nashville Hwy

Baxter, TN 38544 · Putnam County

11 beds 5 baths 6,400 sq ft 1.2 acres 1988 built

Financing this home

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Financing accepted
CashConventional

About this property

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!

Facts & features

Overview

Type
Residential · Single Family Residence
Style
2 Story
Tax jurisdiction
County (unincorporated)
HOA
None
Year built
1988
Price / sq ft
$106
Show all facts & features Show less

Interior

Bath detail
5 full
Building area
6,400 sq ft
Basement / foundation
Slab

Lot & exterior

Lot size
1.2 acres
Corner LotIrregular Lot

Parking

Off Street

Views

Country Setting

Listing details

MLS #
1346105
Status
Active
Days on market
59 days

Location

11279 Nashville Hwy, Baxter, TN 38544 Putnam County Open in Maps

Listing courtesy of Elevate Real Estate. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.