Property
Beds
8
Full Baths
4
1/2 Baths
0
Year Built
1950
Sq.Footage
3,700
Opportunity of a lifetime! Unique investment property in the heart of popular Red Bank; first time on the market since 1965! Located on a gorgeous 1.5 acre lot featuring a bungalow with an efficiency apartment and a separate adjacent duplex. The main house (pink stucco bungalow) features 3 bedrooms, 1 bath with an efficiency apartment addition in the back and an attached oversized 2 car garage with ample space to build out above garage, if desired. The property also features a duplex (Aqua sideboard; identical floor plans) with 2 bedrooms and 1 bath, living room and kitchen on each side. Immediate source of rental income, generated $28k in 2019, currently the main house and both sides of the duplex are occupied with great tenants The efficiency apartment is vacant and would be an additional source of income. Directly behind the duplex you'll find an in ground pool for tenant use. The well maintained gunite swimming pool was installed in 1969- 30k gallon 9.5 feet at the deep end with a peaceful secluded patio area. Pool equipment conveys. Multiple improvements include: new gas furnaces in the main bungalow house and duplex. Bungalow roof added 2012. Duplex roof added in 2007. Don't wait to make a great investment! This opportunity won't last very long. ******PLEASE PROVIDE 48 HOUR NOTICE FOR ALL SHOWINGS*******
Features & Amenities
Interior
-
Other Interior Features
Primary Bedroom Main Floor
-
Kitchen Appliances
Refrigerator, Dishwasher
-
Total Bedrooms
8
-
Bathrooms
4
Area & Lot
-
Lot Features
Level, Wooded
-
Lot Size(acres)
1.5
-
Property Type
Residential
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Other
-
Parking
Attached
Financial
-
Sales Price
$378,000
-
Tax Amount
3776
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Location
County
Hamilton County, TN
Elementary School
Red Bank Elementary School
Middle School
Red Bank Middle School
High School
Red Bank High School
Listing Courtesy of Kelly Cooper
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