Multi-Family Potential

Multi-Family for Sale
Catylist Listing ID: 30673739
Number of Units: 3 Units
Building Size (RSF): 2,983 SF
Gross Building Area: See Agent
Gross Land Area: 1.40 Acres
Sale Price: $179,000
Unit Price: $59,666.67 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2021

Overview / Comments

This 2,125 Sf building was once home to a church. The building could have a single use as a rental home or could be separated into two 950+/- SF rental spaces. The building has a roof that is 2 yrs old and newer windows. The property also has an 858 SF, 3 bedroom, 2 bath mobile home that could serve as rental income. The mobile home has new argon windows. The roof was seal coated two years ago. The building is heated with propane and the mobile home has electric heat.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033082 21702
Zoning: R-5
Property Located Between: Cline Road and W. Coffelt Road
Highway Access: Easy and quick access to Hwy 153 and Hwy 27
Airports: Chattanooga Airport
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 1
Year Built: 1979
Roof Type: Gable
Construction/Siding: Stucco
Parking Type: Surface
Fuel: Propane
Lot Frontage: 105
Lot Depth: 272
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,604 28,216 63,936
Median Age: 40.92 41.71 42.09
Households: 961 11,436 26,117


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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