$255,000
$299,500
14.9%For more information regarding the value of a property, please contact us for a free consultation.
2,812 SqFt
SOLD DATE : 12/27/2023
Key Details
Sold Price $255,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,812 sqft
Price per Sqft $90
Subdivision Dodds Place
MLS Listing ID 1379414
Sold Date 12/27/23
Originating Board Greater Chattanooga REALTORS®
Year Built 1920
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 45X120.1
Property Description
Calling all savvy investors! This remarkable investment opportunity awaits you at 1605 Dodds Ave in Chattanooga, Tennessee. Picture this: Four separate units, each with one bedroom and one and a half bathrooms, providing not just one, but multiple income streams or comfortable living spaces for tenants. What sets this property apart? It's received a recent facelift with a brand-new roof and windows, enhancing its appeal and value. But here's the real gem: the foundation is primed and ready for plumbing and electrical work, a rare and invaluable feature for those with visions of customizing or modernizing the property. This built-in readiness translates to time and cost savings during your renovation or improvement projects. But there's more - the property is fully compliant with up-to-date building permits, confirming its alignment with local regulations and its readiness for any necessary construction or renovation endeavors. With four units, this property presents a goldmine of rental income potential, making it an irresistible investment opportunity. Whether you're seeking passive income or aiming to expand your real estate portfolio, this property could be your smartest move yet. Keep in mind, it's being sold as-is, which leaves room for your creative touch. Don't miss out on the chance to seize this promising property in Chattanooga - take action today and make it yours!
Location
State TN
County Hamilton
Area 0.07
Rooms
Basement Crawl Space
Interior
Heating None
Cooling None
Fireplace No
Heat Source None
Exterior
Garage Kitchen Level
Garage Description Kitchen Level
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Parking Type Kitchen Level
Garage No
Building
Lot Description Flag Lot
Faces From I-24 West; Take east Ridge Exit. Turn right onto Dodds Ave. Home is on the left.
Story Two
Foundation Brick/Mortar
Water Public
Schools
Elementary Schools East Side Elementary
Middle Schools Orchard Knob Middle
High Schools Howard School Of Academics & Tech
Others
Senior Community No
Tax ID 156f B 004
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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