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Key Details
Sold Price $510,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,350 sqft
Price per Sqft $152
Subdivision Orchard Knob
MLS Listing ID 2421820
Sold Date 09/30/20
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,743
Lot Dimensions 75X133
Property Description
Rare find on the McCallie corridor! This is an incredible opportunity to own a fully renovated quad on a corner lot in the heart of downtown Chattanooga. Currently 75% occupied with a GMI of $2,713 & a GAI of $32,556 (which will allow for owner occupancy if desired). 3 of the 4 units feature 1 bedroom & 1 bathroom, while the remaining unit features 2 bedrooms & 1 bathroom. Each have updated kitchens & bathrooms, washer/dryer hookups, appliances (including washer/dryers, refrigerators, dishwashers, oven/ranges and microwaves) new LVL flooring, new light fixtures, new decks, and more. Other improvements to the building include new HVAC, windows, siding, roof, plumbing, water heaters, and electrical. There is private off-street parking in the rear for tenants. Direct access to sidewalks makes this property walkable to Parkridge Hospital & other nearby businesses. Situated just a short drive from UTC, Erlanger, CHI Memorial Hospital, and an abundance of downtown businesses and restaurants.
Location
State TN
County Hamilton County
Interior
Heating Central, Electric
Cooling Central Air, 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 2
Water Public
Structure Type Aluminum Siding,Other,Brick
New Construction false
Schools
Elementary Schools Orchard Knob Elementary School
Middle Schools Orchard Knob Middle School
High Schools Brainerd High School
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