Prime Northshore Triplex
Multi-Family
for Sale
| Catylist Listing ID: |
30673085 |
| Property Subtypes: |
Duplex/Fourplex, Other
|
| Number of Units: |
3 Units |
| Building Size (RSF): |
2,200 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$379,000 |
| Unit Price: |
$126,333.33 Per Unit |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/16/2021 |
Overview / Comments
|
Location! Location! Location!. Here is your opportunity to own a triplex in the heart of North Chattanooga . The property is exactly a half a mile up Forest ave from Frazier ave and Coolidge Park. Apt A has 3 bedrooms, 1 bath, large living room and big beautiful kitchen. Apt. B has 1 bed , 1 bath and is upstairs with entrance from the front. Apt C is an efficient studio with entrance from the back of property. There is a easement driveway off of Forest to the back of triplex. Great opportunity to add or start building a multifamily portfolio. Live in one unit while you lease out the others. Walking distance Coolidge Park, shops and restaurants of Frazier Ave. Across street is a community park with playground, tennis courts and ball field.
|
Financials
| Finance Data Year |
2020 |
| Gross Operating Income |
$2,200 (Annual) |
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033135D J 02400 |
| Percent Occupied: |
100% |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,398 |
52,120 |
128,967 |
| Median Age: |
35.05 |
34.49 |
37.4 |
| Households: |
3,595 |
21,688 |
53,971 |
|
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