The Real Estate Firm
Properties/Baxter, TN

$575,000

11279 Nashville Hwy, Baxter, TN 38544
Baxter, TN 38544 · Putnam County
Listing courtesy of Elevate Real Estate · Updated 5 days ago
11 beds
5 baths
6,400 sqft
1.2 acres

About this home

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!

Year built
1988
Property type
House
$/sqft
$90
Days on market
126
MLS #
1346105
Status
Active
County
Putnam County
Lot size
1.2 acres

Features

Location

11279 Nashville Hwy, Baxter, TN 38544, Baxter, TN 38544

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the East Tennessee REALTORS® MLS, the source of this information. Properties may be listed by brokerages other than The Real Estate Firm.