East Ridge Duplex | 50% Occupied

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30740586
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 2 Units
Building Size (RSF): 1,738 SF
Gross Building Area: See Agent
Gross Land Area: 0.47 Acres
Sale Price: $175,000
Unit Price: $87,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 6/29/2021

Overview / Comments

Welcome to 1719 S Seminole Dr, a well-maintained, single-level duplex in the heart of East Ridge. Although similarly sized, Unit A features 2 bedrooms and 1 full bathroom while Unit B features 1 bedroom, 1 full bathroom, and a dining room. Both boast spacious living rooms, a kitchen, and washer/dryer hookups. Unit A is currently occupied and rents for $720/mo; Unit B is vacant offering the opportunity for owner occupancy, or to select a new tenant. Situated just a short drive from Rossville, East Ridge, Brainerd, and downtown Chattanooga, this property is close to an abundance of shops, grocery stores, restaurants, entertainment, and large employers in the area. Schedule your private showing today!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 168K B 017
Zoning: R-2
Percent Occupied: 50%
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1950
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt 12 Cherokee Hills No 3 Pb 9 Pg 2 0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,454 72,017 139,913
Median Age: 37.21 36.57 37.53
Households: 3,289 29,402 57,238

Contact

Photograph of Listing Agent

Grace Frank

Chattanooga Real Estate Group Greater Chattanooga REALTORS® Member
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