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$374,500

Est. payment - /mo

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2,576 SqFt

Pending

1165 Towe String Rd Jacksboro, TN 37757

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Ken Herod

kenherod@gmail.com +1(865) 585-7780

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Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,576 sqft

Price per Sqft $145

Subdivision Vinsant Estates

MLS Listing ID 1348783

Year Built 1989

Lot Dimensions 140x101

Source East Tennessee REALTORS® MLS

Property Description

Want a place to live? Work? Both? Rental Income? The opportunities are endless with this property. It is currently being utilized as a commercial real estate office in the left side with approximately 1,120 sq. ft. This area has a waiting area, reception area, 3 separate offices, a full kitchen and a half bath with room to complete a full bath with a little reno work plus a large storage room. The residential side is a spacious 3 bedroom, 2 full bath apartment with a large living room, glass french doors that lead to the kitchen/dining room with multiple pantries. The major appliances (Stove, Refrigerator, Microwave, Washer & Dryer) can convey. The master bedroom has a large walk-in closet and a full ensuite bath. The second bedroom also has a spacious walk-in closet. The third bedroom at the end of the hall has a large closet as well. The second full bath is located in the hall and shared between those 2 bedrooms. The laundry room has extra storage space as well. The roof on the apartment is just weeks old and the roof on the office is less than 10 years old and is still in good condition. The units have separate water and electric meters and they share a septic system. The hvac units and office water heater were updated in the last year as well. You could live in one end and work in the other, rent both sides out for well over $5,000/month, work in one side and rent the other side out or just work throughout the entire building. The entire front of the building to the road is paved and there are NO steps to access the property. There is a drainage grate along the entire front of the building as well. Don't miss the extra large storage building to the left as it can hold a ton of stuff and has a ramp for easy dolly access. This has been the home of Ridge Real Estate LLC and Ridge Heating and Air for years and we are just moving out the road to 942 Towe String to allow us to consolidate and include Ridge Contracting LLC our other business. This location has served us great and there is a tremendous amount of visibility to traffic. The deed will restrict against any real estate or heating and air businesses from operating here but there are a ton of other business opportunities to be had. We are only selling to facilitate a reverse IRS Section 1031 Exchange. We love the building but don't need both of them. Owner/Agent. Buyer and/or Buyer's Agent to verify all information to their satisfaction prior to closing.

Location

State TN

County Campbell County - 37

Rooms

Other Rooms DenStudy, Addl Living Quarter, Bedroom Main Level, Office, Mstr Bedroom Main Level

Interior

Interior Features Walk-In Closet(s), Pantry

Heating Heat Pump, Central, Electric

Cooling Central Cooling, Ceiling Fan(s)

Flooring Carpet, Vinyl

Furnishings true

Window Features Windows - Insulated

Appliance Dryer, Microwave, Range, Refrigerator, Washer

Heat Source Heat Pump, Central, Electric

Exterior

Exterior Feature Windows - Vinyl, Detached Workshop, Handicap Accessible

Parking Features Off-Street Parking

Garage Description Off-Street Parking

Roof Type Shingle

Garage No

Building

Faces Follow GPS to Exit 134 and then once you are on Appalachia Highway 25W/63E ignore your GPS and go to Walgreens and turn right onto Towe String Road.

Additional Building Shed

Structure Type Vinyl Siding,Brick,Block

Others

Tax ID 110L B 06100 000

Security Features Security Alarm,Smoke Detector

Energy Description Electric

Acceptable Financing Other, New Loan, Cash, Conventional

Listing Terms Other, New Loan, Cash, Conventional

Pets Allowed No

Listed by Ridge Real Estate LLC

NEARBY

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EXIT Tennessee Realty Pros

+1(865) 429-2800

License ID: 261589 Tennessee