799 Whitthorne St Shelbyville, TN 37160

This exceptional investment opportunity presents a beautifully renovated, income-producing property in Shelbyville, Tennessee. The main structure, a charming Colonial-style home built in 1927 with later additions (1980s and 2021-2024), boasts 5 bedrooms and 5.5 bathrooms, showcasing gorgeous hardwood floors and a mahogany staircase. A master suite with a private den and fireplace is located on the main level, complemented by four additional bedrooms, each with its own newly remodeled en-suite bathroom. The main level also features formal living and dining rooms, a country kitchen with a breakfast area, and a large (28x16) sunroom overlooking a patio and courtyard with a fountain. Covered front and rear decks enhance outdoor living. A detached two-story guest cottage provides additional income potential with a downstairs apartment featuring a bedroom, bathroom with laundry, kitchen, and living room, and an upstairs efficiency apartment with a bedroom/living area and bathroom. A detached three-car garage adds further convenience. The property sits on 1.7 acres and includes a new privacy fence and newly paved parking area. The property is zoned R-3 Multifamily, allowing for flexibility in its use. The total square footage is 5,506, encompassing three buildings and spread across two stories. This established bed and breakfast, with its seven bedrooms and seven and a half bathrooms, offers a unique blend of residential and commercial income streams. The asking price is $765,000, with a price per unit of $255,000 and a price per square foot of $138.94. The property is offered fee simple.