316 Chambliss St

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30087256
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 3,600 SF
Gross Building Area: See Agent
Sale Price: $499,000
Unit Price: $124,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/27/2017

Overview / Comments

Recently renovated multi-family in North Chattanooga! This multi-family property offers 4 units and plenty of parking just off of Chambliss St. Each unit features 2 bedrooms, 1 full bath, living room, kitchen, laundry closet, and back porches with views of downtown Chattanooga. Tenants will love the peace and quiet of being surrounded by trees, the abundance of parking, and the updated units close to Northshore and downtown Chattanooga. Perfect for UTC students, and young professionals alike. The property has a potential gross monthly income of $4,800, and is now ready to rent. Investors, don't pass up your opportunity to see this perfect investment! Call for your private showing today!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 135C E 002
Zoning: COMMERCIAL
Site Description: Located in North Chattanooga on Chambliss St. Close to Cherokee Blvd and N Market St.
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 2
Year Built: 1960
Year Renovated: 2017
Parking Type: Surface
Laundry: In Each Unit
Legal Description: Lots 1&2 Pt 3 Chatt Investment Co N O 1 Pb 12 Pg 24

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,770 47,783 121,372
Median Age: 32.16 35.12 37.25
Households: 2,755 20,041 50,718

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