Catylist ID: #30736775
Licensed AIRBNB **Lots of Growth Potential**
Multi-Family for Sale
|Catylist Listing ID:||30736775|
|Property Subtypes:||Low-Rise/Garden, Mixed Use|
|Number of Units:||5 Units|
|Building Size (RSF):||8,000 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.11 Acres|
|Unit Price:||$150,000 Per Unit|
|Property Use Type:||Investment|
|Building Name:||3451 Brainerd Rd|
|Usable Size (USF):||8,000 SF|
|Sale Terms:||Cash to Seller|
|Vacation Rental Income:||Yes|
Overview / Comments
Great opportunity to own a licensed AIRBNB!
There are 3 apartments on the upper level, one full apartment with 1 bedroom, kitchen, combined with living room, bathroom, and a laundry room.
Second apartment has 1 bedroom, kitchen living room, and a partially equipped kitchen. The third apartment is more of an efficiency apartment with a small galley kitchen. Currently the owner lives in one unit and rents the other 2 apartments.
The main level is approximately 1800 square feet, with a foyer, 2 very large rooms and 2 office size rooms, and a half restroom (no shower). This space has been used as commercial in the past. It would be very easy to subdivide the 2 large rooms into 4 rooms, add a kitchen in one and a full restroom in another. These changes would make this space perfect for a 4 bedroom Airbnb. You could continue to use it as commercial.
The lower level apartment has 1 bedroom, living room, partially equipped kitchen, full bathroom and a door going into the side garage where the laundry area is located. This apartment averages $1900 a month Airbnb income.
There is a garage door on the side of the building where you enter into a garage area, workshop area, water heater (new tankless that services the entire building) laundry area, which can service the entire building.
The owner has made many updates on this property. A detailed list can be provided upon request.
|Taxing Authority:||Hamilton County, TN|
|Tax ID/APN:||147P D 024.01|
|Property Located Between:||Woodlawn Drive and Tunnel Blvd|
|Highway Access:||Minutes to I24|
|Airports:||Chattanooga Metropolitan Airport|
|Site Description:||3 story block building|
|Area Description:||mixture of commercial and residential|
|Total Number of Buildings:||1|
|Number of Stories:||3|
|Parking Description:||4 Brainerd Rd parking spaces, with additional parking in the rear.|
|Air Conditioning:||Package Unit|
|Internet Access:||T1/T3, Fiber Optic|
|Legal Description:||Lts 9,10 E R Howard Sub Pb 9 Pg 21|
|Proximity:||1 mile||3 miles||5 miles|
Judy WebsterKeller Williams Realty Greater Chattanooga REALTORS® Member
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