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Additional details
Listed by William Kosmos Pinson • Greater Downtown Realty dba Keller Williams Realty
$399,900
Est. payment /mo
2,936 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,936 sqft
Price per Sqft $136
Subdivision Stone & Evans
MLS Listing ID 3628739
HOA Y/N No
Year Built 1920
Annual Tax Amount $4,399
Lot Dimensions 38X100
Property Description
Investment opportunity in Chattanooga's Southside featuring two duplexes with a total of four income-producing units. Located just off Main Street, the properties are positioned in one of Chattanooga's most active urban neighborhoods, with convenient access to Downtown and the restaurants, shops, entertainment, and businesses throughout the Southside.
Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements.
The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area.
Owner/Agent.
Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements.
The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area.
Owner/Agent.
Location
State TN
County Hamilton County
Interior
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools East Side Elementary School
Middle Schools Orchard Knob Middle School
High Schools Howard School Of Academics Technology
Others
Senior Community false
Special Listing Condition Owner Agent
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