8.2% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area. Owner will consider Owner Financing
For sale
$1,210,000
5640 Us Highway 41 #1-14, Jasper, TN 37347
1beds
7,644sqft
Est.:
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$158/sqft
$-- HOA
What's special
Water sportsTons of charmAward-winning bass fishingCanoeing and kayakingMinutes to nickajack lake
- 110 days
- on Zillow |
- 259 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: February 06, 2025 at 01:08pm
Listed by:
Roy Arick 423-280-1001,
Keller Williams Realty 423-664-1900
Source: Greater Chattanooga Realtors,MLS#: 1394370
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Electric
Features
- Eat-in Kitchen, Open Floorplan
- Flooring: Luxury Vinyl, Plank
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 7,644
- Total interior livable area: 7,644 sqft
Property
Parking
- Parking features: Kitchen Level, Off Street
- Has garage: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
Lot
- Size: 1 Acres
- Dimensions: 382 x 231 x 422
- Features: Split Possible
Details
- Parcel number: 120 013.05
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Jasper
Financial & listing details
- Price per square foot: $158/sqft
- Annual tax amount: $2,079
- Date on market: 1/6/2025
- Listing terms: Cash,Owner May Carry
- Tenant pays: Electricity, Sewer
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