5864 Grubb Road, Hixson, TN 37343

$300,000 Asking Price

3 beds
2 baths
1,516  sqft
Built in 1954

Experience the ultimate in flexibility and potential with this unique property, offering a rare opportunity for house hacking and investment. Situated on a spacious lot, the main home boasts 1,516 square feet of living space with three bedrooms and two bathrooms. The full, unfinished basement presents a canvas awaiting your personal touch, already plumbed and framed, ready for expansion or customization. Attached to the main residence is an Accessory Dwelling Unit (ADU) that has previously been rented for $700 per month, providing a steady income stream or ideal space for extended family. Additionally, a separate single-wide unit on the property has consistently fetched $750 per month in rental income. Both units offer private living spaces, perfect for tenants or as guest accommodations. Further enhancing the property's appeal is a separate storage trailer, offering additional space for tools, equipment, or conversion into a creative studio. This property is perfect for someone looking to live in one unit while offsetting living expenses with rental income from the others, or for an investor seeking a multifaceted rental property. Don't miss out on this exceptional opportunity to maximize your investment while enjoying the benefits of homeownership.

Features & Amenities

Interior

General:
Separate Dining Room, Tub/shower Combo
Appliances:
Electric Water Heater
Laundry:
Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Basement:
Partial
A/C:
true, Central Air, Electric, Window Unit(s)
Heating:
true, Central, Electric

Exterior

General:
None

Construction

Roofing:
Shingle
General:
Other, Block

Location

Originating MLS:
Greater Chattanooga REALTORS®
County:
Hamilton

Lot

Zoning:
LT 1 THURMAN SUB ON GRUBB RD PB38 P G272, 100a E 009

Utilities

Utilities:
Electricity Available
Water:
Public
Sewer:
Septic Tank

Financial

Source:
Greater Chattanooga REALTORS®

This listing courtesy of:
Keller Williams Realty

About Hixson, TN

Housing

Number of Units
18,810
Median Home Value
$205,936
Median Rent
$782

21.59% of housing units are renter occupied.

5.67% are vacant.

Commute

Car
74.46%
Public Transportation
0.40%
Walk to Work
0.53%
Work from Home
24.03%
Other
0.44%

The median travel time to work is 20 minutes.

People

Population
42,741
Median Age
42.20
Median Household Size
2.61

Education

High School
25.70%
Associate’s Degree
11.11%
Bachelor’s Degree
24.00%
Graduate Degree
12.73%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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