Multi Properties/ Multi Family

Multi-Family for Sale
Catylist Listing ID: 30320799
Property Subtypes: Duplex/Fourplex
Number of Units: See Agent
Building Size (RSF): 3,438 SF
Gross Building Area: See Agent
Sale Price: $199,900 - 199,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/9/2018

Overview / Comments

Great investment opportunity. 1700.00 a month income. Multiple properties. One 1600 sq. ft. 3 bedroom 2-story home currently rented at 650.00 with long term tenant There is also an adjoining 3 bedroom, 2 bath 1993 Doublewide that is currently leased with a monthly income of 750.00. There are also 3 Lots that total 1.43 Acres, Zoned R2 Multi-family with a singlewide with income of 300.00 a month. There is possibly room for 3 duplexes or quads on these 3 lots. Check with city planning to get specifics on what can be built. Property located in NW Cleveland (Tasso area) with rapid growth of New Development of subdivisions, Town home Communities and Commercial sales. Property has public sewer, electric and water on site. This would be a great addiction to an investor portfolio or a great start for someone to get started in investment property. Lots of income possibilities with this whole package.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Tax ID/APN: 034D D 022.00
Zoning: R2
Percent Occupied: 100%
Property Condition: Good
Parking Type: Surface
Zoning Description: R2
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 23,389 57,059
Median Age: 40.55 37.57
Households: 9,229 22,061


Photograph of Listing Agent

Teresa Vincent

Century 21 1st Choice Realtors Greater Chattanooga REALTORS® Member
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