Active

5640 Us-41 Highway, 1-14

Jasper TN, 37347

$1,459,900


$190.99 per sqft

Active

7,644 sqft

Condos

Built in 1982

7.0% 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

1394370

MLS ID

June 22, 2024

Listed

October 18, 2024

Updated

Map

5640 Us-41 Highway, 1-14
Jasper TN, 37347

Interior Features

Total Stories

1


Interior Features

Eat-in Kitchen, Open Floorplan


Floor Description

Luxury Vinyl, Plank


Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

1 Acre


Exterior Features

Private Yard


Lot Features

Split Possible


Roof

Shingle

School Information

High School

Marion County High


Elementary School

Marion County Elementary

Other Property Details

Taxes

$2,080


Tax Frequency

Annually


Garage

Yes


Parking

Kitchen Level, Off Street


View

No


County

Marion


Pool

No

 

Courtesy of Keller Williams Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Darlene Brown & Ryan May Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Greater Chattanooga Association of REALTORS. All rights reserved.

Powered byLuxury Presence