$182,500
$180,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
2,048 SqFt
SOLD DATE : 03/01/2022
Key Details
Sold Price $182,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,048 sqft
Price per Sqft $89
Subdivision Austin Farms
MLS Listing ID 1350437
Sold Date 03/01/22
Originating Board Greater Chattanooga REALTORS®
Year Built 1971
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 100X143.43
Property Description
7532 and 7534 Noah Reid Rd is a duplex conveniently located close to VW, Amazon, Gestamp and a host of other employers. This duplex is currently on Section 8 but month to month lease. Chattanooga Housing states that the current approved rent for these units is $1023 per side making for an excellent cap rate. This duplex needs a new roof and other cosmetic updating but the major systems and structure are in top shape. The HVAC may still be under warranty. Get this one quickly!
Location
State TN
County Hamilton
Area 0.32
Interior
Interior Features Open Floorplan, Storage
Heating Central, Electric, Multi Units
Cooling Central Air, Electric, Multi Units
Fireplace No
Heat Source Central, Electric, Multi Units
Exterior
Garage Off Street
Garage Description Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Parking Type Off Street
Garage No
Building
Lot Description Gentle Sloping, Level
Faces From I-75 take Exit 7 W toward the river. Left on Noah Reid Rd. Home on the left. No sign in yard.
Story Two
Foundation Slab
Structure Type Brick,Other
Schools
Elementary Schools Bess T. Shepherd Elementary
Middle Schools Tyner Middle Academy
High Schools Tyner Academy
Others
Senior Community No
Tax ID 138c A 001.02
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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