11279 Nashville Hwy, Baxter, TN

$645,998

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11

Beds

5

Baths

6,400

Square feet

1.20

Acres

About 11279 Nashville Hwy

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!

Features of 11279 Nashville Hwy

MLS® # 1346105
Price $645,998
Bedrooms 11
Bathrooms 5.00
Full Baths 5
Square Footage 6,400
Acres 1.20
Year Built 1988
Sub-Type Single Family Residence
Style Contemporary
Status Active

Community Information

Address 11279 Nashville Hwy
Area Putnam County - 53
City Baxter
County Putnam County - 53
State TN
Zip Code 38544

Amenities

Features Internet Available, WasherDryer Connect
Parking Off-Street Parking
View Country Setting
Has Pool No

Interior

Appliances Dishwasher, Range, Refrigerator
Heating Central, Other, Electric
Cooling Central Cooling
Fireplace No
Fireplaces None
Has Basement Yes
Basement Slab

Exterior

Exterior Vinyl Siding, Frame, Other
Lot Description Corner Lot, Irregular Lot
Construction Vinyl Siding, Frame, Other

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeElevate Real Estate

Listing Map

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