TN > Cleveland > Stonebriar
Cleveland, TN 37312,51 Gate Tower WAY
Cleveland, TN 37312,51 Gate Tower WAY
Cleveland, TN 37312,51 Gate Tower WAY
Cleveland, TN 37312,51 Gate Tower WAY
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
19
Nov
Thu
20
Nov
Fri
21
Nov
Joyce Houk

Joyce Houk

+1(423) 290-4598
$ 2,500,000
Est. payment | /mo

12,496 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

12,496 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,496 sqft

Price per Sqft $200

Subdivision Stonebriar

MLS Listing ID 1522203

Lot Size 3.010 Acres

Acres 3.01

Property Sub-Type Multi Family

Source Greater Chattanooga REALTORS®

Property Description

ATTENTION INVESTORS or 1031 EXCHANGE BUYERS! Exceptional Opportunity to own TWO Brand New Construction Quadplex/Four Family properties AND TWO adjacent building lots. The lots are zoned Residential R-2 which allows for Single Family, Two-Family/ Duplex, and Four-Family/ Quadplex, among other things. One Four-Family/Quadplex is being built on Lot 51 Gate Tower Way NE (Parcel Id/ Tax ID: 050E H 039.00) and the second is being built on Lot 52 Gate Tower Way NE (Parcel Id/ Tax ID: 050E H 040.00). The adjacent lots are Lot 49 Bell Tower Ln (Parcel ID/ Tax ID: 050E H 017.00) and Lot 50 Bell Tower Ln (Parcel ID/ Tax ID: 050E H 018.00). Each Four-Family/Quadplex will have four 3 bedrooms, 2 and a half bathrooms, one car garage, 9 foot ceilings on the main level, vaulted ceilings in all bedrooms with ceiling fans, 2 story foyer, LVP flooring, custom white cabinets, granite countertops, kitchen island, stainless steel appliances, and back patio. Expected completion Spring 2026. Enjoy future rental income while building on the adjacent lots. City Water, Sewer, Electricity, and water meter boxes have been set for the lots. Property taxes to be determined. Information is deemed reliable but is not guaranteed. Buyers are responsible to independently verify all information. Agent has a personal interest. Local Lender recommendations available. Owner financing is not available. Access road will be completed prior to closing. APPOINTMENTS REQUIRED - NO TRESPASSING. Call for more information.

Location

State TN

County Bradley

Area 3.01

Interior

Interior Features Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Pantry, Separate Dining Room, Tub/shower Combo, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Luxury Vinyl

Fireplace No

Window Features Double Pane Windows,Insulated Windows,Low-Emissivity Windows,Vinyl Frames

Appliance Stainless Steel Appliance(s), Refrigerator, Microwave, Free-Standing Electric Range, Dishwasher

Heat Source Central

Laundry Upper Level, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Parking Features Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front

Garage Spaces 8.0

Garage Description Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Underground Utilities

Roof Type Shingle

Porch Patio

Total Parking Spaces 8

Garage Yes

Building

Lot Description Back Yard, Level, Private, Secluded

Faces 20th Street to Old Tasso Rd. Turn into Stonebriar Subdivision. Right onto Gate Tower Way. Property begins at the end of the cul de sac.

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools Mayfield Elementary

Middle Schools Cleveland Middle

High Schools Cleveland High

Others

Senior Community No

Tax ID 050e H 040.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Agent Owned, Investor

Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Keller Williams Realty
Joyce Houk

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(423) 290-4598

joycehouk@gmail.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Joyce Houk, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

51 Gate Tower WAY