$390,000
$240,000
62.5%For more information regarding the value of a property, please contact us for a free consultation.
1,623 SqFt
SOLD DATE : 12/05/2024
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,623 sqft
Price per Sqft $240
Subdivision Arlington Hgts Addn
MLS Listing ID 1501375
Sold Date 12/05/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1964
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Discover this well-maintained, solid brick duplex. Situated in a centrally located neighborhood, this property is perfect for investors seeking steady rental income or homeowners looking to eventually live in one unit while renting the other. Each unit features 2 bedrooms and 1 bathroom. Each has its own utility meter. Both long time tenants have renewed leases until end of next August 2025.
Bonus Opportunity: Neighboring Duplex Also Available!
In addition to this fantastic income-producing property, the current owner also owns the duplex next door and is open to discussing the possibility of selling both properties together. This could be an incredible opportunity to expand your investment portfolio with two side-by-side duplexes. Inquire for more details!
Location
State TN
County Hamilton
Area 0.16
Interior
Heating Electric
Cooling Window Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features Assigned, Driveway
Garage Description Assigned, Driveway
Garage No
Building
Faces Continue onto Riverside Dr Turn right onto Wilcox Blvd Turn left onto Wheeler Ave
Story One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Hardy Elementary
Middle Schools Orchard Knob Middle
High Schools Brainerd High
Others
Senior Community No
Tax ID 136m J 010
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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