$375,000
$375,000
For more information regarding the value of a property, please contact us for a free consultation.
1,344 SqFt
SOLD DATE : 11/28/2023
Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $279
Subdivision North Chatt Land Co
MLS Listing ID 1379739
Sold Date 11/28/23
Originating Board Greater Chattanooga REALTORS®
Year Built 1960
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 50X169.2
Property Description
Opportunity is knocking!
This well-maintained, duplex is within walking distance to the Northshore, downtown, restaurants, shopping, gyms, parks, and hiking trails. All of these amenities are just moments away from this quiet, peaceful street.
Both units are spacious with ample storage. Each unit has one bedroom, one bath, off street parking, and access to the large, fenced, and flat back yard. Alley access in the back could add more parking. A large storage building in the back allows for all toys and tools to be neatly stored away.
The electrical and plumbing have been updated. Kitchens, bathrooms, flooring, insulated windows, and 35-year roof have been updated in recent years.
Average rent rates for a one bedroom/one bath in the area are $1200, pulling $2400 for both units. 30 day furnished rental rates vary from $1800-$2000/mo. Units do not share utilities. Have your mortgage paid when you live in one side and short-term rent the other.
With so many options, this opportunity will not last long.
Location
State TN
County Hamilton
Area 0.19
Rooms
Basement Crawl Space
Interior
Interior Features Open Floorplan, Storage
Heating Electric
Cooling Electric
Fireplace No
Heat Source Electric
Exterior
Garage Kitchen Level, Off Street
Garage Description Kitchen Level, Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Parking Type Kitchen Level, Off Street
Garage No
Building
Lot Description Level
Faces From downtown Chattanooga, go north on Market Street. Turn left on Chambliss St.. Turn right on Merriam St.. Home is on the right.
Story One
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 126n N 019
Acceptable Financing Cash, Conventional, FHA, VA Loan, Owner May Carry
Listing Terms Cash, Conventional, FHA, VA Loan, Owner May Carry
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! "