Sitting just outside the Cookeville city limits, this unique investment opportunity has 1.7 unrestricted acres with multiple structures and endless potential. The property features a newly built 1 bedroom, 1 bathroom home perfect for rental income, guest quarters, or owner occupancy while completing additional projects. Also included is a gutted 1435sqft house ready for your vision and finishing touches—ideal for a flip, long-term rental, or multi-generational living. A spacious 30'x60' (1800sqft) two-bay garage provides ample storage, workshop space, or equipment parking. Peaceful setting with room to expand, no city taxes, and great potential for investors, builders, or anyone looking for a versatile property in a growing area. Endless possibilities await! Gas and Internet are available at the street but not run to the house yet.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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