$175,000
$179,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
1,560 SqFt
SOLD DATE : 07/03/2023
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $112
Subdivision Cherokee Hills
MLS Listing ID 1375202
Sold Date 07/03/23
Originating Board Greater Chattanooga REALTORS®
Year Built 1950
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 147.72X315
Property Description
Duplex being Sold ''As Is''
Both sides of the duplex are occupied. Side A: from 3/17/2023-3/31/2024 and he is paying $925 a month, $900 of that is actual rent, $25 of that is pet rent. He also paid a pet fee ( which the owner received, it will not be transferred in the sale), and a deposit of $899 which would be transferred in the sale.
The other side of the duplex is on an active lease from 10/4/2022-9/30/2023. They are paying $975 a month and have a deposit on file of $1950.
One side of the property has had more extensive renovation than the other. Here are the details for those specifics:
The property has a new roof. All the exterior doors are new.
First Side:
New HVAC and Duct work (installed in 2020)
New framing and insulation in bathroom flooring and walls
New tub and tub surround
New vanity and lighting
New LVP in floor
New toilet
New subfloor and framing in kitchen floor
New LVP in kitchen
New kitchen cabinets (lowers and uppers)
Butcher block countertops
Stainless steel range and Fridge
Washer and dryer hookups in the kitchen
New led lighting in bedrooms and living
Hardwood floors which were refinished.
Second Side:
The kitchen is not nearly as big as the other, and one of the big issues is that the water heater is located inside the kitchen. It would be good to relocate the water heater to the outside shed, like the other side, which would free up a lot of space. It has new lowers, but there is only a sink base and one additional lower. There is one large upper, and two small uppers. There are three shelves and butcher block countertops.
There are w/d hookups in the kitchen.
There is a white range and stainless steel fridge.
LVP Flooring
No HVAC
Value Add Opportunity:
HVAC Installation on One Side
The property could definitely benefit from new windows.
The exterior could use a good amount of love, and new siding. AT MINIMUM a great pressure wash and exterior paint would go a very long way.
Heavily wooded/shaded Lot
Location
State TN
County Hamilton
Area 1.0
Rooms
Basement Crawl Space
Interior
Interior Features Open Floorplan
Heating Baseboard, Central
Cooling Central Air, Wall Unit(s), Window Unit(s)
Fireplace No
Heat Source Baseboard, Central
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
Faces From Rossville Blvd, take a left onto West Crest Blvd. Turn Left onto Waheela Drive Turn Right onto Tanaka Trail
Story One
Structure Type Other
Schools
Elementary Schools Rossville Elementary
Middle Schools Rossville Middle
High Schools Ridgeland High School
Others
Senior Community No
Tax ID 168n J 001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "