Opportunity Zone 3 Investment Properties

Multi-Family for Sale
Catylist Listing ID: 30399724
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Student Housing, Other
Number of Units: 4 Units
Building Size (RSF): 3,238 SF
Gross Building Area: See Agent
Gross Land Area: 0.13 - 0.16 Acres
Sale Price: $242,500
Unit Price: $60,625 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/26/2019

Overview / Comments

3 income producing properties located in Opportunity Zone of Lincoln Park.
Lincoln Park is located near Downtown Chattanooga, University of Tennessee at Chattanooga, and Erlanger hospital. Quaint neighborhood of 111 homes with large park.

3 Maude - Brick single family - 2 bedroom / 1 bath - $600 per month
22/24 Maude - Brick Duplex - 2 bedroom/1 bath per side - $1000 income
41 Maude- Brick single family - 2 bedroom / 1 bath $850 per month

Additional properties available

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 136O B 028, 136O B 025, 136O B 030
Zoning: R-3
Percent Occupied: 100%
Property Located Between: Maude Street and Cleveland Avenue
Airports: Chattanooga Metropolitan Airport
Area Description: Historic Lincoln Park Opportunity Zone
Total Number of Buildings: 3
Property Condition: Good
Number of Stories: 1
Year Built: 1949
Roof Type: Arched
Construction/Siding: Brick
Parking Type: Other
Sprinklers: None
Heat Type: Electricity
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,902 66,114 141,988
Median Age: 31.17 34.58 37.23
Households: 3,497 26,924 59,579


Photograph of Listing Agent

Lisa A Brown

Keller Williams Realty Greater Chattanooga REALTORS® Member
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