$390,000
$399,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
3,582 SqFt
SOLD DATE : 02/14/2024
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,582 sqft
Price per Sqft $108
Subdivision Austin Farms
MLS Listing ID 1383876
Sold Date 02/14/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1968
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 96.24X257
Property Description
Welcome to 7620 Austin Dr, a well-kept brick duplex, poised for expansion with a potential third unit, located just moments from Volkswagen. Ideal for either personal residence on one side while renting the other(s), or as a strategic asset in your investment portfolio, this property offers versatility and potential.
Recently vacated by its owners, Unit A is the larger of the two, featuring two bedrooms, one bathroom upstairs and downstairs is a newly renovated walk-out basement. This basement is ready to be converted into an additional rental unit, suitable for short to long term tenants, or as a dedicated in-law suite. At present, it has a full bathroom, several rooms and a large laundry room that can be converted to a kitchenette, or full kitchen to complete this level as a studio.
Unit B comprises two bedrooms and one bathroom, all on one level for easy living. Currently tenant-occupied under a lease ending in March, it's an opportune moment to transition this unit into a higher-yield short or long term rental.
Each unit is equipped with individual washer/dryer hookups, separate driveways, back deck, fence and storage shed. Additionally, the right unit, A, includes the luxury of a 2-car carport. Don't miss out on the opportunity, call to schedule your showing today!
Location
State TN
County Hamilton
Area 0.47
Rooms
Basement Finished, Full
Interior
Interior Features Eat-in Kitchen, Open Floorplan, Storage
Heating Electric
Cooling Electric
Fireplace No
Heat Source Electric
Exterior
Carport Spaces 1
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle,Slate
Porch Deck, Patio
Garage No
Building
Lot Description Gentle Sloping
Faces From downtown Chattanooga, head southeast on Market St toward 11th St, then merge onto I-24 W toward Nashville. Continue on I-24 W and take Exit 175 for US-41/US-64/TN-2 toward Broad St/Chattanooga/US-72. Keep left at the fork, merge onto US-41 S/US-64 W, and turn right onto Austin Dr. Follow Austin Dr to reach the destination at 7620 Austin Dr.
Story Two
Water Public
Structure Type Brick,Other
Schools
Elementary Schools Bess T. Shepherd Elementary
Middle Schools Tyner Middle Academy
High Schools Tyner Academy
Others
Senior Community No
Tax ID 129n H 031
Acceptable Financing Cash, Conventional, FHA, VA Loan, Owner May Carry
Listing Terms Cash, Conventional, FHA, VA Loan, Owner May Carry
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