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$1,150,000
114 Days Online

699 Indian River Boat Dock Rd
Jacksboro, TN 37757

For Sale|Single Family Residence|Pending
9
Beds
4
Full Baths
1
Partial Bath
6,000
SqFt
$192
/SqFt
2004
Built
Subdivision:
Lakeshore Park
County:
Campbell County - 37

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699 Indian River Boat Dock Rd699 Indian River Boat Dock Rd699 Indian River Boat Dock Rd699 Indian River Boat Dock Rd
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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 income 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. DSCR Loan has been approved. Ask list Agent for more details. Listing agent has rental bookings also. 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.

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Listing Snapshot
Price 
$1,150,000
Days Online 
114 Days
Bedrooms 
9
Inside Area (SqFt) 
6,000 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
0.75 Acres
Year Built 
2004
MLS® Number 
1263760
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Pending
2 months agoPrice changed to $1,150,000
4 months agoListing first seen online
4 months agoListing updated with changes from the MLS®
General Features
Acres 
0.75
Available on 
2024-05-25
Parking 
Off StreetRV Garage
Property Sub Type 
Single Family Residence
SqFt Total 
6000
Style 
Traditional
Interior Features
Appliances 
DishwasherDryerMicrowaveRangeRefrigeratorWasher
Cooling 
Central AirCeiling Fan(s)
Fireplace 
Yes
Fireplace Features 
Gas
Fireplaces 
1
Flooring 
HardwoodTile
Heating 
Heat PumpPropaneElectric
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Exterior Features
Construction Details 
StuccoVinyl SidingFrame
Exterior 
Gas Grill
Fencing 
Fenced
Lot Features 
Corner LotIrregular Lot
Patio And Porch 
DeckCoveredPorch
Pool Features 
In Ground
View 
OtherLake
Waterfront Features 
Lake Privileges
Waterview 
OtherLake
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Campbell County - 37
Listing courtesy of Kim Taylor-Smith of Crye-Leike Realtors South, Inc.

Copyright © 2024 Knoxville Area Association of Realtors. 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. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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