5864 Grubb Road, Hixson, TN 37343

$300,000
3
BD
2
BA
1,516
SqFt
List Price
$300,000
Price Change
▼ $25,000 1726862513
MLS#
1393667
Bedrooms
3
Full-baths
2
Sq. Ft
1,516
Acres
0.78
Year Built
1954

Property Description

Experience the ultimate in flexibility and potential with this unique property, offering a rare opportunity for house hacking and investment. Situated on a spacious lot, the main home boasts 1,516 square feet of living space with three bedrooms and two bathrooms. The full, unfinished basement presents a canvas awaiting your personal touch, already plumbed and framed, ready for expansion or customization. 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.

Additional Information

Exterior
Other
Interior
Separate Dining Room, Tub/shower Combo
Roof
Shingle
Foundation
Block
Basement
Partial
Appliances
Electric Water Heater
Exterior Features
None
Cooling
Central Air, Electric, Window Unit(s)
Heating
Central, Electric
Elementary School
Hixson Elementary
Middle School
Hixson Middle
High School
Hixson High
Financing Available
Cash, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.