Seller is calling for highest and best offers by Sunday, 3/26 @ 12pm with an expiration of Monday, 3/27 @ 12pm.

Unique opportunity to own potential income producing property in the heart of Red Bank. Investors have the potential to rent 3 separate units or a savvy homeowner could occupy one unit and rent two or a clever fit for multigenerational living!

There are two structures on the property: the main house (Unit A & Unit B) and the carriage house/accessory dwelling unit or ''ADU'' (Unit C).

Unit A is a 3 bedroom, 2 full bathroom house boasting of ample natural light and beautiful original hardwood floors throughout the main living space. Large living, dining and kitchen space flow together well in the heart of the home with an additional living space of the sunroom off the dining room. 2 large bedrooms and 1 full bathroom on the other side of the main level. The third bedroom and final bathroom is upstairs for a little privacy. This unit was previously rented for $2,000.00 per month.

Unit B is also included under the main house roof on the left side. With its own dedicated exterior entrance, it is a cozy space with a small kitchen and main living area on the main floor with a half bathroom and upstairs a 1 bedroom / 1 bathroom. This unit was previously occupied by the homeowner.

Potential monthly rental income of $800 - $900. 2 separate electrical meters for Unit A & Unit B on the exterior. Access to separate washer and dryer between Unit A and Unit B. UUnit C is located in the carriage house detached from the main house. Approximately 616 sq ft +/- (according to CRS tax records) with a cozy living area, kitchen, 1 bedroom and 1 bathroom. Approximate monthly rental amount: $1,000 - $1,200. Separate electric meter attached to exterior.

The property has plenty of parking in the front of the main house as well as a pull through drive ending at the carriage house. The majority of the yard is fenced and 2 outbuildings for extra storage. Sitting on just over a quarter of an acre of level yard - perfect for gardening, grilling on the back deck or lawn games.

Information deemed reliable and Buyer to verify all information important to them. Buyer to verify potential rental amounts. This property may require flood insurance, however, the home owner's insurance agent verified it was not located in a critical flood zone area and did not require it - Buyer to verify with their Lender. This property may be considered non-conforming and may not be eligible for a conventional, FHA or VA loan with their preferred Lender. Contact listing agent for potential conventional Lender options or alternative options. Seller is a Tennessee licensed agent. Seller cannot verify if the gas fireplaces function properly. List of updates made during the Seller's ownership in the documents tab.

Call now for your private showing and more information!