699 Indian River Boat Dock Rd Pending Save Request In-Person Tour Request Virtual Tour
Jacksboro,TN 37757
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $191
Subdivision Lakeshore Park
MLS Listing ID 1263760
Style Traditional
Bedrooms 9
Full Baths 4
Half Baths 1
Year Built 2004
Lot Size 0.750 Acres
Property Description
Are you ready to elevate your Norris Lake investment portfolio? Look no further than this remarkable 6000 sq ft, 3 unit STR property; 4/3, 2/1 and 3/1. It is situated just steps away from beautiful Norris Lake, located across the street from a popular marina. This property isn't just a home?it's a lucrative business venture. Meticulously furnished, with newer a/c units and water heaters, and maintenance free metal roof. Boasting an impressive projected annual income with no off-season. Through short-term rentals, it's a haven for investors seeking substantial returns. With a saltwater pool and a hot tub, water and ATV enthusiasts will be enticed. Moreover, its unbeatable location, only 7 miles to the interstate positions it as the prime choice for vacationers. Best of all, escape the confines of HOAs and rental restrictions as this house is has none, optimizing your investment without compromise. Capture this exclusive chance to own nightly short-term rental to the lake and ATV trails and secure your path to unparalleled financial success.
Buyer to verify all information.
DSCR Loan has been approved. Ask list Agent for more details. Listing agent has rental bookings also. This property is a solid investment opportunity with a proven track record of strong short-term-rental income. Utilizing a Debt Service Coverage Ratio (DSCR) loan, potential buyers can leverage the income generated over the past 12 months to effectively underwrite the loan. This ensures the investors can proceed with confidence, fully informed by property's historical financial performance. This approach allows for strategic financial decision, making this property an attractive option for those looking to invest in a reliable income source.
Location
State TN
County Campbell County - 37
Area 0.75
Rooms
Family Room Yes
Other Rooms LaundryUtility, Family Room, Split Bedroom
Dining Room Eat-in Kitchen
Interior
Heating Heat Pump,Propane,Electric
Cooling Central Cooling,Ceiling Fan(s)
Flooring Hardwood,Tile
Fireplaces Number 1
Fireplaces Type Gas
Laundry true
Exterior
Exterior Feature Windows - Vinyl,Fenced - Yard,Pool - Swim (Ingrnd),Porch - Covered,Porch - Enclosed,Deck
Garage RV Garage,Off-Street Parking
Garage Description Off-Street Parking
View Other,Lake
Building
Lot Description Waterfront Access,Corner Lot,Irregular Lot
Sewer Septic Tank
Water Public
Structure Type Stucco,Vinyl Siding,Frame
Others
Acceptable Financing New Loan,Cash,Conventional
Listing Terms New Loan,Cash,Conventional