REDONE STUD UP/ELECTRIC QUAD PLEX w MTN VIEW
Multi-Family
for Sale
| Catylist Listing ID: |
29559021 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
4 Units |
| Building Size (RSF): |
2,240 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$249,000 |
| Unit Price: |
$62,250 Per Unit |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Sale Terms: |
Cash to Seller, Owner Financing, Sale/Leaseback, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/17/2019 |
Overview / Comments
|
Multi Unit apartment within 5 mile radius of college, siting atop a historic ridge with scenic views of Lookout Mtn and surrounding areas. This 4 plex has been completely redone with new electrical, ( new wiring ) electrical systems, all new sheet rock , new windows, new synthetic hardwood flooring and some original oak are some of the characteristics that make this an easy place to rent. There is a tri-level 1 bedroom unit with great character, a main house 2 bed 1 bath with laundry closet, eat in kitchen and front and back porch ( central - air ). Easily this could produce $1900-$2200 a month. Live here rent out to pay a mortgage or simply as a great investment due to quality of the work put in.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033168J T 00900P000 |
| Business Center, Jogging Paths |
| Market Type: |
Large |
| Property Located Between: |
Rossville and Chattanooga |
| Side of Street: |
South |
| Road Type: |
Paved |
| Transportation: |
Bus, Shuttle, Rail, Highway, Airport, Taxi, Other |
| Highway Access: |
1.6 miles |
| Airports: |
Chattanooga international 10 miles |
| Site Description: |
Great lot, with grass and views. |
| Area Description: |
Chattanooga has great rental opportunity. |
| Property Condition: |
Excellent |
| Number of Stories: |
2 |
| Year Built: |
1948 |
| Year Renovated: |
2014 |
| Roof Type: |
Arched |
| Construction/Siding: |
HardiePlank Siding |
| Exterior Description: |
New windows , new siding , new metal roof. New paint . new guttering, and much more that makes the maintenance on this property extremely minimal. |
| Parking Type: |
Surface |
| Parking Description: |
Parking lot , side road parking and off street parking. |
| Total Parking Spaces: |
8 |
| Laundry: |
Shared |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Fuel: |
Electric |
| Air Conditioning: |
Package Unit, Window Unit |
| Internet Access: |
Cable, DSL, ISDN, Satellite, T1/T3, Gigabit, Other |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,955 |
73,206 |
142,181 |
| Median Age: |
34.39 |
36.33 |
37.22 |
| Households: |
4,706 |
29,835 |
58,266 |
|
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