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Key Details
Sold Price $685,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,185 sqft
Price per Sqft $215
MLS Listing ID 2599289
Sold Date 02/22/24
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,697
Lot Dimensions 115X205.2
Property Description
This 6 unit multi-family is located just minutes from downtown Chattanooga and I-24 and I-75, making it convenient for those who work anywhere in Chattanooga or North Georgia. Historical Missionary Ridge location with beautiful trees surrounding the property. The entire property has been renovated and includes new flooring, cabinetry, counter tops, stainless steel refrigerators, stoves, split units in each unit, renovated full bathrooms, roof, electrical, plumbing, new fixtures and lighting. New handrails and fencing have also been installed. (4) 1 bedroom/ 1 bath units (2) 1 bedoom + loft/ 1 bath units offering flex 2nd bedroom, home office or living space. Two furnished units have been used as short term rentals. Property features a small communal yard and off street parking for 8 cars. Income $6500/month. Excellent Opportunity!
Location
State TN
County Hamilton County
Interior
Heating Electric
Cooling Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
Waterfront false
View Y/N false
Roof Type Other
Parking Type Detached
Private Pool false
Building
Story 3
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools East Ridge Elementary School
Middle Schools East Ridge Middle School
High Schools East Ridge High School
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