Active

5864 Grubb Rd

Hixson TN, 37343

$325,000


$214.38 per sqft

Active

3 Beds

2 Baths

1,516 sqft

Residential

Built in 1954

Experience the ultimate in flexibility and potential with this unique property, offering a rare opportunity for house hacking and investment. Situated on a spacious lot, the main home boasts 1,516 square feet of living space with three bedrooms and two bathrooms. The full, unfinished basement presents a canvas awaiting your personal touch, already plumbed and framed, ready for expansion or customization.

Attached to the main residence is an Accessory Dwelling Unit (ADU) that has previously been rented for $700 per month, providing a steady income stream or ideal space for extended family. Additionally, a separate single-wide unit on the property has consistently fetched $750 per month in rental income. Both units offer private living spaces, perfect for tenants or as guest accommodations.

Further enhancing the property's appeal is a separate storage trailer, offering additional space for tools, equipment, or conversion into a creative studio. This property is perfect for someone looking to live in one unit while offsetting living expenses with rental income from the others, or for an investor seeking a multifaceted rental property.

Don't miss out on this exceptional opportunity to maximize your investment while enjoying the benefits of homeownership.

1393667

MLS ID

August 1, 2024

Listed

September 13, 2024

Updated

Map

5864 Grubb Rd
Hixson TN, 37343

Interior Features

Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Washer Dryer Hookup, Tub/Shower Combo


Appliances

Water Heater - Electric


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.78 Acres


Exterior Features

None


Roof

Shingle

School Information

High School

Hixson High


Elementary School

Hixson Elementary

Other Property Details

Area Name

Chattanooga


Taxes

$1,766


Tax Frequency

Annually


Garage

No


Parking

2 Car Carport


View

No


County

Hamilton


Water Source

Public, Septic Tank


Pool

No

Listing History

Date

Event

Price

8/26/2024

Price change

$325,000

-8%

 

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 The Charlotte Mabry 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