Investment Package Deal - 2 Duplexes in Ringgold

Multi-Family for Sale
Catylist Listing ID: 30657709
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Number of Units: 4 Units
Building Size (RSF): 4,688 SF
Gross Building Area: See Agent
Sale Price: $749,000
Unit Price: $187,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 7/8/2021

Overview / Comments

Welcome to 79 & 81 High St and 13 & 15 Williams St, a four condo package deal. Investors, this is a rare opportunity to grow your portfolio with these low-maintenance properties! Built in 2014, these condos feature one-level, open floor plan, single car garage, and easy-cleaning, allergy-free porcelain tile throughout. Each condo includes two bedrooms and two baths with large vanities. The larger bedrooms have two closets and the larger bathroom has an accessible shower. All condos have a large laundry room/pantry. Wired for high-speed Internet for working from home. Extra guest parking is available. Each condo has a covered front porch or enjoy the outdoors on the back yard patio with picnic table and large, level, and professionally landscaped corner lot. Located within walking distance of downtown Ringgold schools, shopping and dining. Sold together as a package deal; will not sell separately. Seller also has six single family homes for sale in same area. All on sewer.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Taxing Authority: Catoosa County
Tax ID/APN: R0050124
Zoning: R2
Percent Occupied: 100%
Property Located Between: At the corner of High St & Williams St
Highway Access: Hwy 41
Airports: Chattanooga
Site Description: Flat corner lot
Area Description: Downtown Ringgold, GA
Total Number of Buildings: 2
Property Condition: Excellent
Number of Stories: 1
Year Built: 2014
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Structure, Surface
Parking Description: Each condo has an attached one care garage. Extra guest parking is available.
Total Parking Spaces: 2
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Fiber Optic
Zoning Description: R2
Lot Frontage: 166
Lot Depth: 124
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Lots 127-131 Part Lot 17 Clark Worsham

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,575 16,022 36,406
Median Age: 35.17 36.89 37.93
Households: 681 6,033 13,489


Photograph of Listing Agent

Teresa L Tatum

Keller Williams Realty Greater Chattanooga REALTORS® Member
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