$530,000
$590,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
4,500 SqFt
SOLD DATE : 09/12/2024
Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $117
MLS Listing ID 1394074
Sold Date 09/12/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1977
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 130X210
Property Description
This remodeled multi-family quadraplex is nestled on a spacious half-acre lot in East Ridge. Well-maintained inside and out, this property provides ample parking and offers incredible potential for investors or resident owners alike. The 4,500 sq ft complex features two updated 2 bedroom, 1.5 bath units, each with direct access to a deck perfect for relaxing or entertaining. Additionally, there are two 1 bedroom, 1 bath units located in the daylight basement, providing a cozy and private living space. The property includes an older in-ground swimming pool that offers the option of being refreshed for summer fun or filled in to create additional parking space. With gutters installed in 2019, this property is ready for its next chapter. Whether you're looking to expand your investment portfolio or find a home with rental income potential, this 4-plex is a rare opportunity in a prime location. Don't miss your chance to own this versatile and income-generating property! Showings available after accepted offer with advanced notice to tenants. Listing Agent has personal interest in the sale of this property.
Location
State TN
County Hamilton
Area 0.62
Rooms
Basement Finished, Full
Interior
Interior Features Open Floorplan, Storage
Heating Central, Natural Gas, Multi Units
Cooling Central Air, Electric, Multi Units
Fireplace No
Heat Source Central, Natural Gas, Multi Units
Exterior
Garage Off Street
Carport Spaces 2
Garage Description Off Street
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Parking Type Off Street
Garage No
Building
Lot Description Gentle Sloping
Faces Follow I-24 W and take exit 184 toward Moore Rd. Merge onto North Terrace. Turn left onto Belvoir Ave. Turn left at the 1st cross street onto South Terrace. Home will be on the right.
Story Two
Water Public
Structure Type Brick,Shingle Siding
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 157p P 007
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Investor
Pets Description No
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