NOT LISTED FOR SALE

1211 Osburn Rd Chickamauga, GA 30707

-- Bed
-- Bath
14,000 Sq Ft
1.7 Acres

Last Sold December 04, 2015

Last sale price $725,500 $52 Per Sq Ft

64 Days on Market

Highlights

  • 1.7 Acre Lot
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • No HOA
  • Brick Exterior Construction
  • Level Lot

About This Home

As of December 2015

A rare find! A total of fourteen units in choice Chickamauga location! They are top quality constructed and well designed and maintained! Excluding the single family home, they were all built in 2004 so the new owner can enjoy years of cash flow with minimal maintenance! There are a total of three units with 3 BR/2 ½ baths ($700 rent each) and ten units that are 2 BR/2 full baths (rent 600 each). The single family home is now rented to family @$600.00 per month but market rent is $700.00. It’s a wonderful area with high rental demand. It’s rare that a unit turns over but when one does become available it’s immediately rented! They have never had a unit ready to rent that stays empty for 30 days! $8700 monthly gross as-is. PLEASE DO NOT DISTURB TENANTS. DRIVE-BY BUT CONFIRM ALL SHOWI SHOWINGS THROUGH LISTING AGENT WITH AT LEAST A COUPLE OF DAYS NOTICE.

Last Agent to Sell the Property

David Turner

RE/MAX Properties License #209820 Listed on: 08/12/2015

RE/MAX Properties

Co-Listed By

Jennifer Cooper

RE/MAX Properties License #275972

Last Buyer's Agent

Bekah Cochran

Keller Williams Realty License #311881

Keller Williams Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,691

Year Built

  • Built in 2004

Lot Details

  • 1.7 Acre Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 14,000 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Schools

  • Cherokee Ridge Elementary School
  • Rossville Middle School
  • Ridgeland High School

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 0099-068

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Building Details

  • Gross Income $104,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,691

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.7
  • Lot Size: 1.7
  • Co List Office Mls Id: 283
  • Co List Office Phone: 423-894-2900
  • Subdivision Name: None
  • Directions: I-75 South to exit # 350, right at end of ramp (Batt. Pkwy) continue through Fort Oglethorpe (straight through red light at K-Mart) bear right onto Hwy 27, South by-pass, right on Osborn, property on left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 14000.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Cooling:Electric: Yes
  • Owner Pays:Sewer2: Yes
  • Location Tax and Legal Parcel Number2: 0099-068
  • Location Tax and Legal Elementary School: Cherokee Ridge Elementary
  • Location Tax and Legal High School: Ridgeland High School
  • Location Tax and Legal:Tax Annual Amount: 5691.0
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 1.7
  • General Property Information Lot Size Square Feet2: 74052.0
  • General Property Information Lot Size Dimensions: 1.7
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Rossville Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 14.0
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Microwave7: Yes
  • Unit 3 Microwave8: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Disclosures Flood Insurance May Be Required: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Sewer
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Disclosures: Flood Insurance May Be Required
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Cherokee Ridge Elementary
  • High School: Ridgeland High School
  • Middle Or Junior School: Rossville Middle

Lot Info

  • Lot Size Sq Ft: 74052.0
  • Parcel #: 0099-068
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 104400.0

Tax Info

  • Tax Annual Amount: 5691.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $725,500 -8.7% $52 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $795,000 -- $57 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1232826

Greater Chattanooga REALTORS®