501 E 16th St
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
|Gross Land Area:
||$96,428.57 Per Unit
|Property Use Type:
||Cash to Seller, Purchase Money Mortgage
Overview / Comments
Ideal Southside mixed use property! This building has 4 office spaces on the first floor, complete with a shared kitchen and bathroom. Each office offers 400 square feet. The second floor contains 3 separate apartments, ranging from 540 to 750 square feet in size. Each apartment features a bedroom, bathroom, kitchen, and a living space. The property was fully renovated in 2015 to include new plumbing, interior, roofing, and all mechanicals. Currently at 100% occupancy, this property nets a gross monthly income of $4,441.50 and a net annual income of $43,925. Located in the popular Southside of Chattanooga just one block from the Main St.
Attachments & Media
||145L J 029
||Located just one block from Main St in Southside.
|Total Number of Buildings:
||Lot 1 Sam Erwins Sub Pb 5 Pg 54
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