Expired Multi-Family for Sale
Catylist Listing ID: 29559021
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 2,240 SF
Gross Building Area: See Agent
Sale Price: $229,000
Unit Price: $57,250 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback, Other
Cap Rate: Undisclosed
Expired On: 6/16/2017
Last Updated: 6/16/2017

Overview / Comments

Multi Unit apartment within 5 mile radius of college, siting atop a historic ridge with scenic views of Lookout Mtn and surrounding areas. This 4 plex has been completely redone with new electrical, ( new wiring ) electrical systems, all new sheet rock , new windows, new synthetic hardwood flooring and some original oak are some of the characteristics that make this an easy place to rent. There is a tri-level 1 bedroom unit with great character, a main house 2 bed 1 bath with laundry closet, eat in kitchen and front and back porch ( central - air ). Easily this could produce $2300-$3300 a month. Live here rent out to pay a mortgage or simply as a great investment due to quality of the work put in.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033168J T 00900P000
Community Amenities: Business Center, Jogging Paths
Market Type: Large
Property Located Between: Rossville and Chattanooga
Side of Street: South
Road Type: Paved
Transportation: Bus, Shuttle, Rail, Highway, Airport, Taxi, Other
Highway Access: 1.6 miles
Airports: Chattanooga international 10 miles
Site Description: Great lot, with grass and views.
Area Description: Chattanooga has great rental opportunity.
Property Condition: Excellent
Number of Stories: 2
Year Built: 1948
Year Renovated: 2014
Roof Type: Arched
Construction/Siding: HardiePlank Siding
Exterior Description: New windows , new siding , new metal roof. New paint . new guttering, and much more that makes the maintenance on this property extremely minimal.
Parking Type: Surface
Parking Description: Parking lot , side road parking and off street parking.
Total Parking Spaces: 8
Laundry: Shared
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit, Window Unit
Internet Access: Cable, DSL, ISDN, Satellite, T1/T3, Gigabit, Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,955 73,206 142,181
Median Age: 34.39 36.33 37.22
Households: 4,706 29,835 58,266


Photograph of Listing Agent

Jonathan Campbell

Keller Williams Realty GCAR CMLS Member


© Copyright GCAR Commercial MLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither GCAR Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.