$281,500
$310,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
2,214 SqFt
SOLD DATE : 01/31/2024
Key Details
Sold Price $281,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,214 sqft
Price per Sqft $127
MLS Listing ID 1384176
Sold Date 01/31/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1980
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 200X80.6
Property Description
Investment Opportunity! Welcome to 701 Summit Ave, a duplex just minutes from downtown Chattanooga in East Ridge. This updated property offers a seamless blend of comfort, style, and convenience. The interior boasts new flooring, a fully modernized kitchen with stainless steel appliances, and spacious living areas for relaxation and entertainment. With two generously sized bedrooms and recently updated bathrooms, this duplex provides a stylish and comfortable living experience. Convenience is key with ample parking, outdoor storage, and additional storage space inside. Positioned on a prominent hill, enjoy a serene living environment flooded with natural light and surrounded by tranquil trees. 701 Summit Ave is move-in ready, presenting the perfect mix of comfort and practicality. Whether you're looking for an investment or a new home, don't miss the opportunity to embrace modern convenience and timeless style in East Ridge. The left Unit B is rented for $1295/month until December 2024 and the right side Unit A is ready for an owner occupant buyer or to be leased by the new investor. Only the vacant side can be shown and the tenant occupied side can only be shown after an accepted offer within the inspection period. Financing eligible for owner occupants with 0%, 3.5% or 5% down via VA, FHA, and Conventional Financing. Call to schedule a showing or additional information.
Location
State TN
County Hamilton
Area 0.36
Interior
Interior Features 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 Sloped
Faces From I-75 take Exit 2 (signs for I-24 W/I-59/Chattanooga/Birmingham). Keep right to continue toward I-24 W. Continue onto I-24 W. Take exit 183A toward Belvoir Ave/Germantown Rd. Merge onto North Terrace. Turn left onto S Germantown Rd. Turn right onto Gleason Dr. Turn left onto Dunlap Ave. Continue straight through left hand turn. Road turns into Summitt. Duplex on the Right.
Story Two
Foundation Slab
Water Public
Structure Type Brick,Other
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 156l B 001.01
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Investor
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