Duplex in Convenient Downtown Location

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30569180
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 2 Units
Building Size (RSF): 1,475 SF
Gross Building Area: See Agent
Gross Land Area: 0.40 Acres
Sale Price: $129,900
Unit Price: $64,950 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 2/13/2020

Overview / Comments

Welcome to 306 Glenwood Cir, a duplex situated in a convenient downtown location within minutes of all 3 downtown hospitals and UTC. Both units feature 2 bedrooms, 1 full bath, a living room, eat-in kitchen, and laundry hookups in the basement. They have shared use of the large backyard, but each have their own off-street parking. One of the units was recently updated, and the exterior features fresh paint. One of the units is vacant, creating the perfect opportunity for savvy investors to live on one side, and use the rent of the second unit to pay the mortgage. Situated in an easily rentable area, this duplex is just minutes from an abundance of downtown shopping, dining, entertainment, and major employers. Seller will rent-to-own. Agent is an immediate family member of the seller. Schedule your private showing today!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 146L D 013
Zoning: R-1
Percent Occupied: 50%
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1945
Legal Description: Lot 1 Indian Springs Addn No 2 Pb 1 6 Pg 81

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,550 79,421 157,110
Median Age: 37.03 35.56 36.86
Households: 4,653 31,599 65,971

Contact

Photograph of Listing Agent

Grace Frank

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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