$275,000
$275,000
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2,294 SqFt
SOLD DATE : 08/18/2023
Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,294 sqft
Price per Sqft $119
Subdivision Castle Hill Addn
MLS Listing ID 1374887
Sold Date 08/18/23
Originating Board Greater Chattanooga REALTORS®
Year Built 1964
Lot Dimensions 75X140
Property Description
Welcome to this exceptional investment opportunity, where comfort, convenience, and financial growth intersect harmoniously. This property offers two spacious and beautifully maintained units, providing both a reliable rental income and a chance for you to create your own haven. An added bonus, this property has a brand new roof.
One side of this fantastic duplex is already generating an attractive rental income of $925 per month, providing an immediate return on your investment. Whether you're an experienced investor or a first-time buyer looking for a solid financial venture, this property is a dream come true.
On the other side, you'll find a freshly paint unit that is move in ready. Whether you choose to live in this side yourself or continue renting it out at an even higher rate, this unit is sure to impress. This duplex is professionally managed by a local property management firm and has been under their management for the past 6 years.
Location
State TN
County Hamilton
Interior
Interior Features Eat-in Kitchen, Storage
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Heat Source Central, Electric
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 downtown take Main St straight up the ridge, make a left on S Seminole, left on Dunlap, left on Castle Ave
Story Two
Foundation Slab
Water Public
Structure Type Brick
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 156e D 008
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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