Jacksboro, TN 37757,699 Indian River Boat Dock Rd
Jacksboro, TN 37757,699 Indian River Boat Dock Rd
Jacksboro, TN 37757,699 Indian River Boat Dock Rd
Jacksboro, TN 37757,699 Indian River Boat Dock Rd
Jacksboro, TN 37757,699 Indian River Boat Dock Rd
Jacksboro, TN 37757,699 Indian River Boat Dock Rd
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$1,051,000

$1,150,000

8.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

9 Beds

5 Baths

6,000 SqFt


SOLD DATE : 11/08/2024

Key Details

Sold Price $1,051,000

Property Type Single Family Home

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $175

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 Sub-Type Residential

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

Parking Features 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

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Listed by Crye-Leike Realtors South, Inc.

GET MORE INFORMATION

agent
Shawn Wilmoth, CCIM

Agent | License ID: 354366

+1(865) 205-9353

308 N PETERS RD. STE 225, KNOXVILLE, TN, 37922, United States

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