Investment Property With Buildable Lots in North Chattanooga

Vacant Land for Sale
Catylist Listing ID: 30726575
Property Subtypes: Residential (Single Family)
Gross Land Area: 0.38 Acres
Sale Price: $285,000
Unit Price: $750,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/27/2021

Overview / Comments

Investors take note! 3 parcels in North Chattanoooga! This rare opportunity has the ability to generate a revenue stream (existing rental home or primary residence for owner) while capitalizing on the opportunities of two additional lots in North Chattanooga. This home has been nicely updated, and features a private covered deck overlooking Hill City. Inside, you'll find surprising ceiling height, nice updates, and an efficient use of space. The deck was constructed such that it could easily be enclosed and finished to create additional living space. So, another bedroom and bathroom could be added without significant structural modification. The potential of this home and the additional 2 parcels is huge. Get in touch to schedule your showing!

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033126N E 00400
Property Located Between: Lawn Street and Trewhitt Street
Legal Description: Pt Of Lot 105 Spears Sub Of Hill Ci Ty Pb 1 Pg 27
Largest Nearby Street: North Market Street
Highway Access: 6 minutes to US-27
Airports: 23 minutes to Chattanooga Airport
Site Description: Each of the 3 Hill City parcels are gently sloping.
Area Description: Amazing location! These lots are located in Hill City just steps away from Stringers Ridge Park and are also very close to Northshore and Frazier Avenue shopping and dining.
Lot Frontage: 155
Lot Depth: 187
Zoning Description: Residential; Unused Vacant Land
Topography: Gently Sloping
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,820 50,922 114,067
Median Age: 32.58 35.93 37.1
Households: 3,807 21,625 47,816


Photograph of Listing Agent

Sarah E Brogdon

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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