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Dino & Catherine Cates

dino@catescrossroads.com +1(931) 510-6233

$ 679,998

Est. payment | -/mo

9 Beds

4 Baths

6,400 SqFt

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$ 679,998

Est. payment | -/mo

Save Virtual Tour

9 Beds

4 Baths

6,400 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $106

Subdivision Putnam Co Nw, Tn

MLS Listing ID 245424

Bedrooms 9

Year Built 1988

Annual Tax Amount $1,065

Lot Size 1.200 Acres

Property Sub-Type Apartment

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!

Location

State TN

County Putnam

Area Putnam Co Nw, Tn

Zoning Res

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Vinyl, Concrete, Other

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows

Appliance Electric Water Heater, Dishwasher, Electric Oven, Refrigerator, Electric Range

Laundry Available On Site

Exterior

View Y/N No

Water Access Desc Well,Well

Roof Type Metal

Porch Deck

Garage No

Building

Foundation Slab

Sewer Septic Tank

Water Well, Well

Others

Security Features Smoke Detector(s)

Acceptable Financing 41aff66d4ca6052d5b9fd63bb02f5190

Listing Terms 41aff66d4ca6052d5b9fd63bb02f5190

Virtual Tour https://tour.usamls.net/11279-Nashville-Hwy-Baxter-TN-38544--245424/unbranded

Listed by Elevate Real Estate

Nearby Locations

GET MORE INFORMATION

Dino & Catherine Cates

Principal Brokers | Lic# 285288 | 297012

dino@catescrossroads.com

+1(931) 510-6233

518 W Main St, Livingston, TN, 38570, USA

11279 Nashville Hwy Baxter, TN 38544

Dino & Catherine Cates

Key Details

Location

Interior

Exterior

Building

Others

11279 Nashville Hwy