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.


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%

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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


Photograph of Listing Agent

Jonathan Campbell

Keller Williams Realty Greater Chattanooga REALTORS® Member
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