Veterans United Realty
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699 Indian River Boat Dock Rd, Jacksboro, TN 37757

$1,290,000 Asking Price

9 beds
5 baths
6,000  sqft
Built in 2004

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.

Listing Status:
Active
Date Added:
May 23, 2024 — 33 days ago
Listing Office:
Crye-Leike Realtors South, Inc.
Office Phone:
865-938-7750
MLS ID:
1263760

Features & Amenities

Interior

General:
Cathedral Ceiling(s), Island in Kitchen, Walk-In Closet(s), Eat-in Kitchen
Appliances:
Dishwasher, Dryer, Gas Grill, Refrigerator, Microwave, Washer
Basement:
Slab
Flooring:
Hardwood, Tile
A/C:
true, Central Cooling, Ceiling Fan(s)
Heating:
true, Heat Pump, Propane, Electric
Fireplace:
Gas, Fireplace, Fireplaces: 1

Exterior

General:
Windows - Vinyl, Fenced - Yard, Pool - Swim (Ingrnd), Porch - Covered, Porch - Enclosed, Deck
Style:
Traditional
Parking:
RV Garage, Off-Street Parking

Construction

General:
Stucco, Vinyl Siding, Frame

Location

Originating MLS:
East Tennessee REALTORS® MLS
County:
Campbell County - 37

Lot

Zoning:
102O A 059.00
View:
Other, Lake

Utilities

Water:
Public
Sewer:
Septic Tank

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
Crye-Leike Realtors South, Inc.

About Jacksboro, TN

Housing

Number of Units
4,053
Median Home Value
$141,988
Median Rent
$461

31.02% of housing units are renter occupied.

12.41% are vacant.

Commute

Car
83.62%
Public Transportation
0.00%
Walk to Work
0.19%
Work from Home
15.86%
Other
0.33%

The median travel time to work is 24 minutes.

People

Population
9,063
Median Age
42.10
Median Household Size
2.71

Education

High School
36.61%
Associate’s Degree
8.31%
Bachelor’s Degree
9.68%
Graduate Degree
5.12%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last Updated: June 25, 2024 11:17 am.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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