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699 Indian River Boat Dock Rd

Jacksboro, TN 37757

9 beds
5 baths
6,000 sqft
~3/4 acre lot
$175 per sqft
2004 build
– on site

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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.

Listing courtesy of KAARMLS / Crye-Leike Realtors South, Inc.

Last checked: Checking… • Last updated Nov 12, 2024 •

MLS# 1263760 —

The Building

Year Built:

2004
New Construction:

No
Construction Materials:

Stucco, Vinyl Siding, Frame
Architectural Style:

Traditional
Direction Faces:

None
Roof:

None
Stories:

None
Stories Total:

None
Basement:

Slab
Exterior Features:

Windows - Vinyl, Fenced - Yard, Pool - Swim (Ingrnd), Porch - Covered, Porch - Enclosed, Deck
Patio & Porch Features:

None
Accessibility Features:

None
Building Area Total:

6000.0

Interior

Interior Features:

Cathedral Ceiling(s), Island in Kitchen, Walk-In Closet(s), Eat-in Kitchen
Flooring:

Hardwood, Tile
Fireplace:

No
Fireplaces Total:

1
Fireplace Features:

Gas
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

Take Indian River Marina Rd towards the Marina dock onto Boat Dock Rd to 699 Indian River Boat Dock Road, will see pool/house on left.

The Property

Parcel Number:

102O A 059.00
Property Type:

Single Family
Property Subtype:

Residential
Lot Features:

Waterfront Access, Corner Lot, Irregular Lot
Lot Size Area:

0.75
Lot Size Acres:

0.75
Lot Size Dimensions:

105X404 IRR
Lot Size SqFt:

32760.0
Lot Size Units:

Acres
Lot Size Source:

Tax Records
Zoning:

None
Zoning Description:

None
Current Use:

None
Possible Use:

None
Topography:

None
Fencing:

None
Waterfront:

No
Water Body Name:

None
Road Frontage Type:

None
Property Attached:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

None

Beds

Bedrooms Total:

9

Baths

Total Baths:

4.5
Total Baths:

5
Three Quarter Baths:

None
Full Baths:

4
Half Baths:

1
Partial Baths:

None
Quarter Baths:

None

The Listing

Heating & Cooling

Heating:

Heat Pump, Propane, Electric
Heating:

true
Cooling:

Central Cooling, Ceiling Fan(s)
Cooling:

true

Utilities

Utilities:

None
Electric:

None
Sewer:

Septic Tank
Water Source:

Public

Appliances

Appliances:

Dishwasher, Dryer, Gas Grill, Microwave, Range, Refrigerator, Washer

Schools

Elementary School:

None
Elementary School District:

None
Middle Or Jr High School District:

None

The Community

Subdivision Name:

Lakeshore Park
Senior Community:

No
Pool Private:

No
Pool Features:

None
Spa Features:

None
View:

Other, Lake
Pets Allowed:

None
Association:

No

Parking

Attached Garage:

false
Parking Features:

RV Garage, Off-Street Parking

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$267/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
11/8/24 Nov 8, 2024	Sold	KAARMLS	$1,051,000	-8.6%
9/2/24 Sep 2, 2024	Pending	KAARMLS	$1,150,000
7/16/24 Jul 16, 2024	Price Changed	KAARMLS	$1,150,000	-10.9%

House Sold on 11/8/2024

$1,051,000

Listing provided by broker:

Kim Taylor-Smith

Crye-Leike Realtors South, Inc.

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Listing Courtesy of: KAARMLS and Crye-Leike Realtors South, Inc..

The information is being provided by Multiple Listing Service of the Knoxville Area Association of REALTORS. Information deemed reliable 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. 2024 Multiple Listing Service of the Knoxville Area Association of REALTORS. All Rights Reserved.

699 Indian River Boat Dock Rd

Jacksboro, TN 37757