1915 McCallie Ave

Multi-Family for Sale
Catylist Listing ID: 30350141
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 2,822 SF
Gross Land Area: 9,975 SF
Sale Price: $220,000
Unit Price: $55,000 Per Unit
Property Use Type: Investment
Building Name: 1915 McCallie Ave
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 3/22/2019

Overview / Comments

This is a quadplex zoned C-2 and currently in residential use. The current landlord has month-to-month tenants with income of $1,340. The house has alley access and parking in rear.

The lot is 75 feet on McCallie and roughly 133 feet to rear alley.

One of the four units has laundry hookups.

The owner has additional 16 doors on Willow and Mulberry. (7 Houses, and vacant lot), and an additional duplex on 2004 E 13th Street. Seller is asking $900,000 for all 22 units with a monthly income of $9,100. All units are currently leased month to month.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County & Chattanooga
Tax ID/APN: 146K P 008
Zoning: C-2
Percent Occupied: 100%
Property Located Between: At the corner of McCallie Ave. and N Beech St.
Site Description: At the corner of McCallie Ave. and N Beech St.
Area Description: Zoned C-2, this is commercial, good use for professional office, or residential. Close to hospitals, retail and close to UTC.
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Year Built: 1900
Roof Type: Hip
Construction/Siding: Vinyl Siding
Parking Type: Other
Parking Description: Parking alley behind house. Roughly spaces for 8 vehicles according to owner.
Total Parking Spaces: 8
Laundry: Laundromat Nearby
Sprinklers: None
Heat Type: Electricity
Heat Source: Baseboard
Fuel: Electric
Air Conditioning: Window Unit
Internet Access: Cable, DSL, ISDN, Satellite, Gigabit, Dialup
Zoning Description: C-2
Lot Frontage: 75
Lot Depth: 133
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Rogers Maurice H Jr Georgia A
Legal Description: Lt 9 & Pt Lt 10 Orchard Knob Sub Pb 1 Pg 41

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,560 80,084 148,296
Median Age: 34.52 35.63 36.88
Households: 4,648 32,309 61,896


Photograph of Listing Agent

Brian R Kelly

Liberty Commercial Real Estate Greater Chattanooga REALTORS® Member
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