233 Martin Ridge LnGainesboro, TN 38562

Property Details for 233 Martin Ridge Ln

Year built

1990

Lot size

4.50 AC

Property size (Sq ft)

3,600 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional Gainesboro, Tennessee property, located at 233 Martin Ridge Ln, 38562, presents a unique investment opportunity. The 3,600 square foot apartment building, constructed in 1990, sits on a generous 4.5-acre lot (APN: 076 070.02) and offers two fully equipped living quarters, each with its own kitchen. The property boasts a finished basement with a separate living area, ideal for multi-generational living or generating rental income via the convenient exterior basement access. Enjoy the benefits of unrestricted land, perfect for various uses. The expansive outdoor space includes a wooded backyard ideal for birdwatching and a spacious front yard suitable for gardening and recreation. The property also features five-car storage options including a carport, detached carport, garage, and RV access/parking. Utilities include natural gas heating, central air conditioning, utility district water, and a septic tank. Electric service is provided by circuit breakers, and water heating is electric. Conveniently located just 10 minutes from Gainesboro and under 20 minutes from Cookeville, this property offers a prime location, affordability, and ample space, making it an attractive investment with significant potential. The asking price is $325,000.

Location Insight

City

Gainesboro

County

Jackson

State

Tennessee

Latitude

36.2854

Longitude

-85.6245

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