11279 Nashville Hwy, Baxter, TN 38544
- $700,000
- 11
- BD
- 5
- BA
- 6,400
- SqFt
- List Price
- $700,000
- Price Change
- ▼ $29,998 1784849364
- MLS#
- 245418
- Status
- ACTIVE
- Bedrooms
- 11
- Bathrooms
- 5
- Acres
- 1.20
- County
- Putnam
- City
- Baxter
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. Foam siding on detached building. 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
- Interior Features
- New Paint, Ceiling Fans
- Heating
- Electric, Central
- Cooling
- Central Air
- Water
- Well, Well
- Foundation
- Slab
- Sewer
- Septic Tank, Shared Septic
- Roof
- Metal
- Elementary School
- Baxter Primary / Upperman
- Middle School
- Baxter Primary / Upperman
- High School
- Baxter Primary / Upperman
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Listing courtesy of Elevate Real Estate.