2 Multi-Family on One Parcel

Multi-Family for Sale
Catylist Listing ID: 30801403
Property Subtypes: Duplex/Fourplex
Building Status: Under Construction
Number of Units: 2 Units
Building Size (RSF): 4,828 SF
Gross Building Area: See Agent
Gross Land Area: 0.72 Acres
Sale Price: $425,000
Unit Price: $212,500 Per Unit
Building Name: 2 Duplexes on One Parcel
Usable Size (USF): 4,828 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2022

Overview / Comments

Welcome to 170 North Ave. A rare investment offering of two duplexes on the same parcel. Both duplexes have 2 bedrooms and 1 full bath with an open floor plan living and kitchen area. Three of the four units (D, E and F) have been updated with new flooring, paint, bathroom cabinetry and fixtures. Both duplexes are 2 story and have a charming front porch. D is vacant and can be toured. Current rent: Unit C $625. Unit E $750 Unit F $725. Market rate is $825 per unit.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Tax ID/APN: 0049 008
Percent Occupied: 75%
Highway Access: I-75
Airports: Chattanooga Metropolitan Airport
Site Description: Level lot
Area Description: Located 20 minutes to downtown Chattanooga, 10 minutes to Battlefield Parkway
Total Number of Buildings: 2
Property Condition: Excellent
Number of Stories: 2
Year Built: 1958
Year Renovated: 2021
Construction/Siding: Wood Siding
Exterior Description: wo story structures with covered front porch and small back deck.
Parking Type: Surface
Parking Description: Off street
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable
Interior Description: Welcome to 170 North Ave. A rare investment offering of two duplexes on the same parcel. Both duplexes have 2 bedrooms and 1 full bath with an open floor plan living and kitchen area. Three of the four units (D, E and F) have been updated with new flooring, paint, bathroom cabinetry and fixtures.
Sewer Type: Municipal
Legal Description: PTLL 110 9/4 LANDLOT: 110 LANDDIST: 9

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,491 16,885 63,324
Median Age: 42.83 38.94 37.58
Households: 1,038 6,573 24,938

Contact

Photograph of Listing Agent

Lisa A Brown

Keller Williams Realty Greater Chattanooga REALTORS® Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.