$217,000
$205,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
1,232 SqFt
SOLD DATE : 05/13/2022
Key Details
Sold Price $217,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,232 sqft
Price per Sqft $176
Subdivision Eden Park Addn
MLS Listing ID 1354187
Sold Date 05/13/22
Originating Board Greater Chattanooga REALTORS®
Year Built 1960
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 52X142
Property Description
Owner Agent. Excellent investment opportunity in one of Chattanooga's hottest communities. Located at the corner of Bennett and South Willow, this all-brick duplex borders the Highland Park and Ridgedale neighborhoods. Each unit offers 2 Bedrooms 1 Bath and a spacious Living Room and Kitchen. This is a value-add opportunity with an excellent ARV. The huge corner lot has plenty of space for additional parking with alley access on one side and Bennett Ave on the other. With proper permits and rezoning there may be potential for another unit on the alley side. The community has had a lot of renovated and new construction homes completed in recent years.
Unit A has a long-standing tenant on a month-to-month lease currently at $650/mo. Unit B is currently vacant.
Unit A features LVT flooring throughout and updated cabinets and countertops in the Kitchen.
Unit B was updated in 2020 with a new bathroom shower/tub and LVT flooring throughout. This unit is currently in need of renovation to get it back into rentable condition.
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Location
State TN
County Hamilton
Area 0.17
Interior
Interior Features Storage
Heating Ceiling, Electric
Cooling Wall Unit(s), Window Unit(s)
Fireplace No
Heat Source Ceiling, Electric
Exterior
Garage Off Street
Garage Description Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Parking Type Off Street
Garage No
Building
Lot Description Level
Faces From Downtown Chattanooga, head East on E Main Street to S Willow St. Duplex will be on the right at the corner of S Willow and Bennett Ave.
Story One
Foundation Slab
Water Public
Structure Type Brick
Schools
Elementary Schools Eastside Elementary
Middle Schools Orchard Knob Middle
High Schools Howard School Of Academics & Tech
Others
Senior Community No
Tax ID 146n X 011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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