8 Beds
4 Baths
2,936 SqFt
8 Beds
4 Baths
2,936 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,936 sqft
Price per Sqft $136
Subdivision Stone & Evans
MLS Listing ID 1540013
Bedrooms 8
Year Built 1920
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 38X100
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements.
The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area.
Owner/Agent.
Location
State TN
County Hamilton
Area 0.18
Rooms
Basement Crawl Space
Interior
Heating Electric
Cooling Electric, Wall Unit(s)
Flooring Carpet, Vinyl
Fireplace No
Appliance Refrigerator, Free-Standing Electric Range, Electric Water Heater, Electric Oven
Heat Source Electric
Laundry Electric Dryer Hookup, Main Level, Multiple Locations, Washer Hookup
Exterior
Exterior Feature Private Yard
Parking Features Gravel, Off Street
Garage Description Gravel, Off Street
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Shingle
Porch Porch
Garage No
Building
Lot Description Rectangular Lot
Story One
Foundation Block
Sewer Public Sewer
Water Public
Schools
Elementary Schools Eastside Elementary
Middle Schools Orchard Knob Middle
High Schools Howard School Of Academics & Tech
Others
Senior Community No
Tax ID 146p L 003
Acceptable Financing Conventional, Special Funding
Listing Terms Conventional, Special Funding
Special Listing Condition Agent Owned
Schools and Properties Nearby
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