Older home and detached garage built in 1945 sold AS IS and more than likely will be torn down by buyer. Per Ken Young with City of Cookeville, could accommodate up to 189 apartment units. Property is on sewer and natural gas. Per TDOT, a 2-way turn lane will be required on roadway in front of property and that will be a developers expense. Seller and agent priced the property to accommodate the required investments by the buyer to do the requirements of TDOT. All plans for development will need to be approved by TDOT. Home has had some renovations since June, 2019 and there is a renter living there.
The information provided by the Upper Cumberland Association of Realtors® Corporation is compiled from miscellaneous sources and neither the Upper Cumberland Association of Realtors® Corporation, nor the Listing Broker, nor its Agents or Subagents are responsible for the accuracy of the information. The information provided by the Upper Cumberland Association of Realtors® Corporation is for its Participants, Participants\' Associates and Subscribers only and is not intended for usage by the public. Under no circumstances should the information contained herein be relied upon by any person in making a decision to purchase any of the described properties. Multi-List users should be advised and should advise prospective purchasers to verify all information in regard to the property by their own independent investigation and, in particular, to verify, if important to them, room sizes, the square footage, lot size, property boundaries, age of structures, school district, flood insurance, zoning, restrictions and easements, fixtures or personal property excluded, and availability of water and sewer prior to submitting an offer to purchase the property.