$500,000
$539,900
7.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
750 SqFt
SOLD DATE : 02/22/2022
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $666
Subdivision North Chatt Land Co
MLS Listing ID 1340113
Sold Date 02/22/22
Bedrooms 2
Full Baths 1
Originating Board Greater Chattanooga REALTORS®
Year Built 1940
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 79X100
Property Description
Package deal in North Chattanooga that serves as an incredible redevelopment or investment opportunity! 16 W Bell Ave & 22 W Bell Ave are two adjacent parcels being sold together for a package price of $539,900; together they sit on approximately 0.37 acres just one block from N Market St. Currently the parcels are home to two rental properties, and the gravel lot in-between is being rented for extra parking. Total GMI for these three rental sources is $2,600. The parcels offer much flexibility in terms of desired use; they could remain as rental properties, be replaced by larger single family homes, or become a site for new townhomes. Situated within walking or biking distance of an abundance of grocery stores, restaurants, local shops, and parks, and just a short drive to US-27 access and downtown Chattanooga. Since the properties are tenant occupied, an accepted letter of intent or contract will need to be in place before showings can be scheduled. Call for more information.
Location
State TN
County Hamilton
Area 0.19
Rooms
Basement Crawl Space
Interior
Interior Features Open Floorplan, Tub/shower Combo
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Window Features Vinyl Frames
Appliance Tankless Water Heater, Refrigerator, Free-Standing Electric Range, Electric Water Heater, Dishwasher
Heat Source Central, Electric
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Exterior
Garage Off Street
Garage Description Off Street
Community Features Sidewalks
Utilities Available Cable Available, Electricity Available, Sewer Connected
Roof Type Metal
Porch Deck, Patio, Porch, Porch - Covered
Parking Type Off Street
Garage No
Building
Lot Description Gentle Sloping, Level
Faces Heading North on N Market St, turn Left onto W Bell Ave. The property is on the Left.
Story One
Foundation Block
Water Public
Structure Type Other
Schools
Elementary Schools Red Bank Elementary
Middle Schools Red Bank Middle
High Schools Red Bank High School
Others
Senior Community No
Tax ID 135d B 001.01
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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