Chattanooga, TN 37405,16 W Bell Avenue
Chattanooga, TN 37405,16 W Bell Avenue
Chattanooga, TN 37405,16 W Bell Avenue
Listed by Grace Frank • Chattanooga Real Estate Group
$500,000
Est. payment /mo
$539,900
7.4%
Est.Price: ?

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2 Beds
1 Bath
750 SqFt
SOLD DATE : 02/22/2022

Key Details

Sold Price $500,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $666

Subdivision North Chatt Land Co

MLS Listing ID 2720674

Sold Date 02/22/22

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1940

Annual Tax Amount $876

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 79X100

Property Description

Package deal in North Chattanooga that serves as an incredible redevelopment or investment opportunity! 16 W Bell Ave & 22 W Bell Ave are two adjacent parcels being sold together for a package price of $539,900; together they sit on approximately 0.37 acres just one block from N Market St. Currently the parcels are home to two rental properties, and the gravel lot in-between is being rented for extra parking. Total GMI for these three rental sources is $2,600. The parcels offer much flexibility in terms of desired use; they could remain as rental properties, be replaced by larger single family homes, or become a site for new townhomes. Situated within walking or biking distance of an abundance of grocery stores, restaurants, local shops, and parks, and just a short drive to US-27 access and downtown Chattanooga. Since the properties are tenant occupied, an accepted letter of intent or contract will need to be in place before showings can be scheduled. Call for more information.

Location

State TN

County Hamilton County

Rooms

Main Level Bedrooms 2

Interior

Interior Features Open Floorplan

Heating Central, Electric

Cooling Central Air, Electric

Fireplace N

Appliance Refrigerator, Dishwasher

Exterior

Utilities Available Electricity Available, Water Available

Waterfront false

View Y/N false

Roof Type Metal

Parking Type Detached

Private Pool false

Building

Lot Description Level, Other

Story 1

Water Public

Structure Type Other

New Construction false

Schools

Elementary Schools Red Bank Elementary School

Middle Schools Red Bank Middle School

High Schools Red Bank High School

Others

Senior Community false

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Troy Charlton

+1(615) 260-0521

Agent | License ID: 262996

Agent License ID: 262996

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