$225,000
$225,000
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1,801 SqFt
SOLD DATE : 10/04/2024
Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,801 sqft
Price per Sqft $124
Subdivision Higgins
MLS Listing ID 1395554
Sold Date 10/04/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1930
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 45X132
Property Description
Discover the potential of this centrally located 3-unit rental property, a hidden gem offering unparalleled convenience to downtown, hospitals, shopping, and dining.
For investors, this property presents a lucrative opportunity with multiple streams of rental income and the potential for significant value appreciation. Imagine the returns and growth it could add to your portfolio.
Alternatively, if you're considering a residence, envision the benefits of living in this prime location with easy access to amenities and a welcoming community. Plus, you can offset your mortgage with rental income from two additional units—one of which is currently vacant and move-in ready.
Don't miss out on this exceptional investment opportunity. Take action today to transform this property into the cornerstone of your investment portfolio or the cherished home where you'll create lasting memories! (HOME IS BEING SOLD AS IS)
This property is an ideal addition to your rental portfolio, offering three sources of steady cash flow. Unit A currently rents for $700/month on a month-to-month lease. Unit B is vacant and ready for occupancy. Unit C leases for $775/month on a month-to-month basis.
Contact the listing agent for more details or to schedule a private showing and seize this opportunity today!
Location
State TN
County Hamilton
Area 1.0
Rooms
Basement Crawl Space
Interior
Heating Central, Electric
Cooling Central Air, Electric, Wall Unit(s), Window Unit(s)
Fireplace No
Heat Source Central, Electric
Exterior
Garage Off Street
Garage Description Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Parking Type Off Street
Garage No
Building
Lot Description Sloped
Faces Thru Brainerd tunnels going toward town, bear right, left on Dodds, past McCallie School, over main St., triplex is on left. Best to take left on 19th and left in Alley for parking.
Story Two
Water Public
Structure Type Other
Schools
Elementary Schools East Side Elementary
Middle Schools Howard Middle
High Schools Howard School Of Academics & Tech
Others
Senior Community No
Tax ID 156f G 030
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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