Investment Income Property

Multi-Family for Sale
Catylist Listing ID: 30727435
Number of Units: 2 Units
Building Size (RSF): 1,662 SF
Gross Land Area: 0.62 Acres
Sale Price: $245,000
Unit Price: $122,500 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/29/2021

Overview / Comments

464 1st Street NW is zoned commercial. Vacant land would be a great spot for a multi-family building like others in the neighborhood. 451 2nd Street NW was remodeled in 2018. It's vacant and is ready to rent. 461 2nd Street NW needs an investor's touch to improve the property to the value of 451 2nd Street NW.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Tax ID/APN: 049N H 005.00 000
Property Located Between: 2 blocks off of Keith and 2 blocks from Inman
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1920
Year Renovated: 2018
Zoning Description: 451 and 461 are zoned residential and 464 is zoned commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,856 40,161 65,239
Median Age: 29.41 35.81 36.82
Households: 3,666 15,750 25,161


Photograph of Listing Agent

Laura Coleman

Bridge Property Management Gro Greater Chattanooga REALTORS® Member
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