$186,500
$150,000
24.3%For more information regarding the value of a property, please contact us for a free consultation.
1,548 SqFt
SOLD DATE : 02/20/2024
Key Details
Sold Price $186,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,548 sqft
Price per Sqft $120
Subdivision Montagues Highland
MLS Listing ID 1385159
Sold Date 02/20/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1930
Lot Dimensions 45X92
Property Description
Up for sale is a great opportunity to own a multi family house in Downtown Chattanooga. This is a great investment opportunity for someone to add to their portfolio or to start out with. The house beside this one sold recently and is currently used as a AirBNB. This house does have good long term tenants that are on a month to month occupancy. Side A is 2 bedrooms, 1 bathroom with living room and kitchen. Laundry hook ups are in the kitchen. Side B is a 1 bedroom, 1 bathroom with living room and kitchen. The laundry hookups are in the bathroom. Both units use wall heating and window A/C. Unit A has a larger front porch while unit B has a covered back porch. Both units have their own meters. This duplex is rented at $1050 a month total with room for a rental increase if the buyers desired. Side A was remodeled in 2019, side B has only been repaired as needed. This property could benefit from a remodel . This property is a cash sale only and will only be shown to parties that can provide proof of funds and have interest in purchasing as tenants are in place and due not want to disturb unless we have interested buyers. This property sites on the corner of Lyerly and Duncan. Great investment opportunity!!!!
Location
State TN
County Hamilton
Interior
Heating Baseboard
Cooling Wall Unit(s), Window Unit(s)
Fireplace No
Heat Source Baseboard
Exterior
Garage Off Street
Garage Description Off Street
Community Features None
Roof Type Shingle
Parking Type Off Street
Garage No
Building
Lot Description Wooded
Faces Coming from Brainerd Rd, take McCallie then turn left onto lyerly. Third house on the right
Story One
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Fiber Cement
Schools
Elementary Schools Orchard Knob Elementary
Middle Schools Crab Orchard Middle
High Schools Howard School Of Academics & Tech
Others
Senior Community No
Tax ID 146k U 022
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
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