Property
Beds
0
Full Baths
0
1/2 Baths
0
Year Built
1964
Sq.Footage
0
Incredible investment opportunity located just minutes from downtown Chattanooga! This 7-unit package deal is comprised of a mid-century modern duplex, a quadruplex, and an A-frame single family home that if desired, could easily be modified into a duplex. All buildings feature new roofs, wiring, and plumbing, and 6 of the 7 units included updated kitchens and bathrooms; the 7th unit has not been renovated due to long-term occupancy. Current GMI of $5,293 and 100% occupied. Located in an easily rentable area, the properties are close to interstate access and just minutes from the shopping, dining, entertainment, and major businesses/employers in downtown Chattanooga. Proximity & visibility from the interstate (I-24) also make the unused land/yard an excellent location for a billboard. This setup is ideal for savvy investors or retirees who want tenant cash flow to pay their mortgage.
Features & Amenities
Interior
-
Total Bedrooms
0
-
Bathrooms
0
Area & Lot
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Parking
Detached
Financial
-
Sales Price
$180,000
-
Tax Amount
4571
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Location
County
Hamilton County, TN
Elementary School
East Ridge Elementary School
Middle School
East Ridge Middle School
High School
East Ridge High School
Listing Courtesy of Grace Frank
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Broker Associate
StarlingDavis
Call Starling today to schedule a private showing.