$175,500
$185,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1,540 SqFt
SOLD DATE : 08/13/2024
Key Details
Sold Price $175,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,540 sqft
Price per Sqft $113
MLS Listing ID 20242788
Sold Date 08/13/24
Style Other
Full Baths 1
Construction Status Functional
HOA Y/N No
Originating Board River Counties Association of REALTORS®
Year Built 1964
Annual Tax Amount $1,292
Property Description
Discover this stunning duplex for sale in a desirable area near downtown Chattanooga. This beautifully maintained, one-level duplex features 2 spacious bedrooms and 1 full bathroom in each unit, making it an excellent choice for both investors and homeowners. Both units are currently tenant-occupied with tenants renting on a month-to-month basis, each paying $700 per month. This makes it perfect for adding to your rental portfolio, given the high rental demand in the area. For homeowners, it offers the unique opportunity to live in one unit and rent out the other, potentially living rent-free while offsetting your mortgage. This turn-key property requires no immediate renovations, allowing you to move in or start renting out immediately. Whether you're seeking to expand your real estate investments or looking for a home with built-in income potential, this duplex offers the perfect blend of convenience and financial opportunity. Don't miss out on this smart investment in a prime location. Please do not disturb tenants.
Location
State TN
County Hamilton
Direction On W 38th St turn right onto Central Ave. Turn left onto E 42nd St. Turn right onto Fagan St.
Rooms
Basement Other
Interior
Interior Features See Remarks
Heating Central, Electric
Cooling Central Air
Flooring See Remarks
Appliance Other, Microwave, Refrigerator
Laundry See Remarks
Exterior
Exterior Feature See Remarks, None
Parking Features Other
Community Features None
Utilities Available See Remarks
View Y/N false
Roof Type Metal
Porch See Remarks
Building
Lot Description Level
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction No
Construction Status Functional
Schools
Elementary Schools Donaldson
Middle Schools Orchard Knob
High Schools Howard
Others
Tax ID 167c R 023
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Coldwell Banker Kinard Realty