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5864 Grubb Road, Hixson, TN 37343

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For Sale

$325,000

3 beds • 2 baths • 1,516 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $214.38
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 1393667

Courtesy Of Keller Williams Realty Greater Downtown

(423) 664-1900

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Heating System
    Central Furnace
  • Lot Size
    0.78 Acres

Map and Directions

Directions to 5864 Grubb Road, Hixson, TN 37343

Home seller CENTURY 21 Prestige

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Prestige

(423) 498-3200
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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