$310,000
$329,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
1,726 SqFt
SOLD DATE : 03/13/2024
Key Details
Sold Price $310,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,726 sqft
Price per Sqft $179
Subdivision Cloverdale Hills
MLS Listing ID 1386774
Sold Date 03/13/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1965
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 165X129.2
Property Description
Investment Opportunity in Hixson, TN - Duplex with Stable Tenants. Welcome to this fantastic investment opportunity in Hixson, Tennessee! This well-maintained duplex, situated on a spacious almost half-acre lot, offers a lucrative prospect for savvy investors. Both sides of this duplex are currently occupied, providing immediate rental income.
Unit A: Occupied with a long-term tenant since 2021
Unit B: Occupied by a tenant in their first 12-month lease
Key Features:
Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces. Unit B has had recent updates that include, fresh paint throughout, fans in bedrooms, new light fixtures in bathroom and kitchen. LVP floors throughout the home.
The property is meticulously maintained, ensuring a hassle-free investment experience and is managed by our property management company.
Spacious backyard, ideal for outdoor activities and potential future improvements.
Investment Highlights:
Immediate cash flow with both units currently leased.
Situated in the thriving community of Hixson, this duplex is conveniently located near Hwy 153, shopping, restaurants and schools. The area is known for its outdoor activities including Chester Frost Park and Greenway Farm., making it an attractive location for tenants.
Don't miss out on this excellent opportunity to add a cash-flowing duplex to your investment portfolio. Schedule a showing today to explore the potential of this Hixson gem! PLEASE DO NOT DISTURB TENANTS.
Location
State TN
County Hamilton
Area 0.49
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Luxury Vinyl, Plank
Fireplace No
Heat Source Central, Natural Gas
Exterior
Garage Kitchen Level, Off Street
Garage Description Kitchen Level, Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Parking Type Kitchen Level, Off Street
Garage No
Building
Lot Description Level
Faces Hixson Pike to Ashland Terrace, rt. on Norcross Rd., duplex on right.
Story One
Structure Type Brick
Schools
Elementary Schools Dupont Elementary
Middle Schools Hixson Middle
High Schools Hixson High
Others
Senior Community No
Tax ID 109e L 026
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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