Duplex in East Brainerd

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30556145
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 2 Units
Building Size (RSF): 2,604 SF
Gross Building Area: See Agent
Gross Land Area: 0.28 Acres
Sale Price: $225,000
Unit Price: $112,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/13/2020

Overview / Comments

Welcome to 1433 Stratton Place Dr, a townhome-style duplex in East Brainerd. The duplex is currently 100% occupied with a GMI of $2,100, but has rental upside. Unit A features 3 bedrooms, 1 full bath and 2 half baths, while Unit B features 2 bedrooms, 1 full bath, and 1 half bath. Both units have open living areas, laundry rooms, storage rooms, and private outdoor spaces. They have shared use of the large, level backyard and off-street parking. Situated in an easily rentable area, this duplex is just minutes from an abundance of Hamilton Place shopping, dining, entertainment, and major employers, as well as interstate access. If you're looking for immediate cash flow with upside potential, call today for more information!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 158L J 001
Zoning: R-2
Percent Occupied: 100%
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1980
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt 22 Stratton Place Rev 33-344

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,421 44,391 119,176
Median Age: 38.99 39.98 39.85
Households: 2,137 18,834 49,148


Photograph of Listing Agent

Grace Frank

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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