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 |
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 |
|
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