$228,000
$159,000
43.4%For more information regarding the value of a property, please contact us for a free consultation.
1,824 SqFt
SOLD DATE : 02/20/2024
Key Details
Sold Price $228,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $125
MLS Listing ID 1386224
Sold Date 02/20/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1940
Lot Size 0.860 Acres
Acres 0.86
Lot Dimensions 215X174
Property Description
**MULTIPLE OFFERS RECEIVED -- HIGHEST AND BEST DUE MONDAY 2/5 at 3:00** KILLER INVESTMENT OPPORTUNITY!! If you're in the market for a multi-family property that you can buy into some equity, here it is! This property currently has one duplex (over and under) as well as a SFR that was previously another duplex - still two separate meters and water lines. The previous owner converted it for them to live in, but it could be converted back without too much trouble. Please do your own due diligence, but I think with a relatively light rehab, each unit could rent for $700-800/mo. pulling appx $3,000/mo total. This is a cash flowing dream. Fantastic location, great neighborhood, potentially 4 units; this is a slam dunk. All units are currently vacant, so you would be able to start work right away!
Location
State TN
County Hamilton
Area 0.86
Rooms
Basement Crawl Space
Interior
Interior Features Open Floorplan, Storage
Heating Baseboard
Cooling Wall Unit(s), Window Unit(s)
Fireplace No
Heat Source Baseboard
Exterior
Community Features None
Utilities Available Sewer Connected
View Other
Roof Type Shingle
Porch Deck, Patio
Garage No
Building
Lot Description Gentle Sloping, Level
Faces Take 24 W toward Nashville, Take exit 175 to Browns Ferry Rd, Turn right on Browns Ferry Road, Turn left on Mountain View Dr, Turn right on Browndell Dr, The house will be on your right
Story One, Two
Foundation Slab
Water Public
Structure Type Brick,Other
Schools
Elementary Schools Lookout Valley Elementary
Middle Schools Lookout Valley Middle
High Schools Lookout Valley High
Others
Senior Community No
Tax ID 144n A 030
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "