Sold

Closed

5864 Grubb Road

Hixson TN, 37343

$275,000


$181.40 per sqft

Sold

Closed

3 Beds

2 Baths

1,516 sqft

Residential

Built in 1954

Experience the ultimate in flexibility and potential with this unique home, offering a rare opportunity to customize and expand. Situated on a spacious lot, this residence boasts 1,516 square feet of living space, including three bedrooms and two bathrooms. The full, unfinished basement awaits your personal touch--already plumbed and framed, it's ready for expansion, an additional living area, or your dream design.
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.

1502706

MLS ID

November 7, 2024

Listed

December 13, 2024

Updated

Map

5864 Grubb Road
Hixson TN, 37343

Interior Features

Bedrooms

3


Total Bathrooms

2


Full Bathrooms

1


Half Bathrooms

1


Interior Features

Separate Dining Room, Tub/shower Combo


Appliances

Electric Water Heater


Laundry Description

Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric, Window Unit(s)


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

Basement


View

No


County

Hamilton


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/13/2024

Sold

11/8/2024

Pending

 

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.

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