11279 Nashville Hwy
Baxter, TN 38544 · Putnam County
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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 Income
- Tax jurisdiction
- County (unincorporated)
- HOA
- None
- Year built
- 1988
- Price / sq ft
- $106
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Interior
- Building area
- 6,400 sq ft
Lot & exterior
- Lot size
- 1.2 acres
Parking
Listing details
- MLS #
- 1346108
- Status
- Active
- Days on market
- 59 days
Location
11279 Nashville Hwy, Baxter, TN 38544 Putnam County Open in MapsSimilar homes nearby
Listing courtesy of Elevate Real Estate. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.