$1,290,000
Active
22 Days Online
9 Beds5 Baths6,000 SQFT
Active

699 Indian River Boat Dock Rd Jacksboro, TN 37757

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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 revenue 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. 10K Agent Bonus for accepted offer to be paid at closing!DSCR Loan has been approved. Ask list Agent for more details. 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.

  • Property TypeSingle Family Home
  • NeighborhoodLakeshore Park
  • CountyCampbell
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site22 Days
  • MLS StatusActive
  • MLS ID Number1263760
  • Home Size Source N/A
  • Year Built2004
  • Lot Size0.75 Acres
  • Full Baths4
  • Partial Baths1

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General Features

  • Style Traditional
  • Construction StuccoVinyl SidingFrame
  • Parking R V GarageOff- Street Parking
  • Sewer Septic Tank
  • Basement Slab
  • Acreage 0.75
  • Water Public
  • Property Sub Type Single Family Residence
  • Attached Garage No

Interior Features

  • Cooling Central CoolingCeiling Fan(s)
  • Heating Heat PumpPropaneElectric
  • Appliances DishwasherDryerGas GrillRefrigeratorMicrowaveWasher
  • Flooring HardwoodTile
  • Interior Cathedral Ceiling(s)Island in KitchenWalk-In Closet(s)Eat-in Kitchen
  • Fireplaces 1
  • Fireplace Features Gas
  • Fireplace Yes

Exterior Features

  • View OtherLake
  • Pool true
  • Private Pool true
  • Exterior Windows - VinylFenced - YardPool - Swim ( Ingrnd)Porch - CoveredPorch - EnclosedDeck
  • Lot Lake AccessCorner LotIrregular Lot

Community Features

  • MLS Area Campbell County - 37

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Monthly Payment (Est.)

$6,831
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