5864 Grubb Road

Hixson,TN 37343

$ 275000

3 Beds

2 Baths

1516 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,516 sqft

Price per Sqft $181

MLS Listing ID 2756030

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1954

Annual Tax Amount $1,766

Lot Size 0.780 Acres

Acres 0.78

Lot Dimensions 165.98X191.72

Property Description

Experience the ultimate in flexibility and potential with this unique home, offering a rare opportunity to customize and expand. Situated on a spacious lot, this residence boasts 1,516 square feet of living space, including three bedrooms and two bathrooms. The full, unfinished basement awaits your personal touch—already plumbed and framed, it's ready for expansion, an additional living area, or your dream design. Attached to the main residence is an Accessory Dwelling Unit (ADU) that has previously been rented for $700 per month, providing a steady income stream or ideal space for extended family. Additionally, a separate single-wide unit on the property has consistently fetched $750 per month in rental income. Both units offer private living spaces, perfect for tenants or as guest accommodations. Further enhancing the property's appeal is a separate storage trailer, offering additional space for tools, equipment, or conversion into a creative studio. This property is perfect for someone looking to live in one unit while offsetting living expenses with rental income from the others, or for an investor seeking a multifaceted rental property. Don't miss out on this exceptional opportunity to maximize your investment while enjoying the benefits of homeownership.

Location

State TN

County Hamilton County

Interior

Heating Central,Electric

Cooling Central Air,Electric,Wall/Window Unit(s)

Fireplace N

Exterior

Utilities Available Electricity Available,Water Available

View Y/N false

Roof Type Other

Private Pool false

Building

Sewer Septic Tank

Water Public

Structure Type Other

New Construction false

Schools

Elementary Schools Hixson Elementary School

Middle Schools Hixson Middle School

High Schools Hixson High School

Others

Senior Community false

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