$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 Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,812 sqft
Price per Sqft $90
Subdivision Dodds Place
MLS Listing ID 20237133
Sold Date 12/27/23
Style Other
Full Baths 4
Half Baths 4
Construction Status Under Construction
HOA Y/N No
Abv Grd Liv Area 2,812
Originating Board River Counties Association of REALTORS®
Year Built 1920
Annual Tax Amount $1,550
Lot Dimensions 127*44
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 Chattanooga
Direction From I-24 West: Take East Ridge exit. Turn right onto Dodds Avenue. Home is on the left.
Rooms
Basement Crawl Space
Ensuite Laundry None
Interior
Interior Features None
Laundry Location None
Heating None
Cooling None
Flooring None
Appliance None
Laundry None
Exterior
Exterior Feature None
Garage Other
Fence None
Pool None
Community Features None
Utilities Available Water Available, Sewer Connected, Phone Available, Cable Available, Electricity Available
Waterfront No
View Y/N false
Roof Type Shingle
Present Use Multi-Family
Porch None
Parking Type Other
Building
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction Yes
Construction Status Under Construction
Schools
Elementary Schools Eastside
Middle Schools Orchard Knob
High Schools Howard School Of Academics & Tech
Others
Tax ID 156f B 004
Acceptable Financing Cash, Conventional
Horse Property false
Listing Terms Cash, Conventional
Special Listing Condition Standard
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