5640 Highway 41

Jasper, TN 37347

$1,459,900
Price
1
Beds
1
Bath
7,644 Sq. Ft.
$191 / Sq. Ft.
7,644
Sq. Ft.
$191
per Sq. Ft.
a view of a house with a large tree
a view of a house with a swimming pool
a view of a patio with table and chairs plants and large trees
a car parked in front of a house
a front view of a house with garden
a metallic refrigerator freezer sitting in a kitchen
a view of an empty walk in closet
a kitchen with white cabinets and refrigerator
a kitchen with a refrigerator and a sink
a kitchen with a refrigerator stove and white cabinets
an empty room with wooden floor fan and windows
a kitchen with stainless steel appliances a refrigerator sink and microwave
a kitchen with cabinets stainless steel appliances and a window
a kitchen with stainless steel appliances a stove microwave and sink
a view of room
an empty room with wooden floor and windows
a view of a yard with a swimming pool
a view of a swimming pool with a yard
a view of a backyard with a garden and mountain view
a view of a garden with an outdoor space and seating area
a view of a lake with lawn chairs and large trees
a view of a garden with a houses
a backyard of a house with seating space
front view of a house with a yard
a front view of a house
a table and a stove top oven

Description

7.0% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing...7.0% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area. Owner will consider Owner Financing
  1. Listed by Roy Arick • Greater Downtown Realty dba Keller Williams Realty

Property Details for 5640 Highway 41

Subdivision Name
None
Waterfront
No
LISTING UPDATED: 10/18/2024 10:36 AM

Property Details for 5640 Highway 41

StatusActive
MLS #2709693
Days on Market151
Taxes$2,080 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1982
Lot Size-
CountyMarion County

Building Information for 5640 Highway 41

Stories1Residences14Year Built1982Building Size-Lot Size-

Property Information for 5640 Highway 41

Summary
Location and General Information
  • Directions: From Downtown Chattanooga take I-24 West for app. 20 miles; cross Nickajack Lake and take next exit US 41 ; Continue West on US-41 and the property is on the left just after you cross the Sequatchie River ; 5640 Hwy 41
  • High School: Marion Co High School
  • Levels: Three Or More
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
Parking
  • Parking Features: Detached
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet
  • Flooring: Other
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 120 01305 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Other
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 1
  • Year Built Details: EXIST
Utilities
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Electric
  • Heating: Yes
  • Utilities: Electricity Available
Interior and Exterior Features
Interior Features
  • Fireplace: No
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Other
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 14
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Rental Information
Rental Information
  • Total Actual Rent: $0

Property History for 5640 Highway 41

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5640 Highway 41

Taxable ValueLand$21,080Additions$76,880Total$97,960
Tax Record2022$2,080 ($173 / month)
Home Facts
Total Finished SqFt7,644 SqFtAbove Grade Finished SqFt7,644 SqFtStories1Lot Size43,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1952Year Renovated1980CountyMARIONAPN058120 01305

Schools near 5640 Highway 41

This home is within Marion County School District.
Rating
School
Type
Grades
Distance
Whitwell Elementary School
Public - PK to 4
Jasper Elementary School
Public - PK to 4
South Pittsburg Elementary School
Public - PK to 6
Monteagle Elementary School
Public - PK to 8
Rating
School
Distance
Whitwell Elementary School
PublicPK to 4

Jasper Elementary School
PublicPK to 4

South Pittsburg Elementary School
PublicPK to 6

Monteagle Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5640 Highway 41, Jasper, TN 37347

5640 Highway 41 is a multi-family home for sale in Jasper, TN 37347. This property was listed for sale on June 22, 2024 by Greater Downtown Realty dba Keller Williams Realty, it's currently listed at $1,459,900. It has been on the market for a total of 151 days and was last sold on July 11, 2019. This listing's school district is Marion County School District. Nearby schools include Whitwell Elementary School, Jasper Elementary School and South Pittsburg Elementary School. 5640 Highway 41 is a 1-bed, 1-bath, 7,644 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Greater Downtown Realty dba Keller Williams Realty, Roy Arick (423.280.1001)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 10/18/2024 10:36 AM