$280,000
$270,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
2,480 SqFt
SOLD DATE : 09/12/2024
Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,480 sqft
Price per Sqft $112
MLS Listing ID 1396920
Sold Date 09/12/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1960
Lot Dimensions 75 X 170 IRR
Property Description
**MULTIPLE OFFERS - HIGHEST AND BEST BY 7PM FRIDAY AUGUST 9TH, SELLER WILL RESPOND BY 10AM ON SATURDAY AUGUST 10TH**NO SHOWINGS UNTIL A BINDING AGREEMENT* Situated in a prime Brainerd location, this all-brick rancher over a full unfinished basement duplex at 3621 Lerch Street offers fantastic investment potential. Each unit features a living room and dining room combination, two bedrooms, one bath, and an eat-in kitchen. Off the kitchen, you'll find a sunroom or office and a laundry closet for added convenience. Both units come with a garage that provides ample storage space. Centrally located, this property is just minutes from downtown attractions. With a bit of TLC, this duplex is ideal for investors or owner-occupants seeking an income-producing property. Each unit is currently renting for $700 a month. Currently occupied, please do not disturb tenants
Location
State TN
County Hamilton
Interior
Heating Electric
Cooling Central Air, Electric
Fireplace No
Heat Source Electric
Exterior
Garage Basement
Garage Description Basement
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Parking Type Basement
Garage No
Building
Lot Description Level
Faces Continue on Lee Hwy (US-11/US-64). Go for 0.6 mi. Then 0.6 miles Continue on Brainerd Rd (US-11/US-64). Go for 2.2 mi. Then 2.2 miles Turn left onto Belvoir Ave toward I-24. Go for 0.3 mi. Then 0.3 miles Turn right onto Lerch St. Go for 0.4 mi.
Story One
Foundation Slab
Water Public
Structure Type Brick
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 157h G 019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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