NOT LISTED FOR SALE
-- Beds
-- Baths
960 Sq Ft
2.74 Acre Lot

Sale Details

Date Sold: August 22, 2022

Last sale price $630,000 $656 Per Sq Ft

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Level Lot

About This Home

As of August 2022

Great investment opportunity in Sweetwater! 5 one-bedroom duplexes with room to roam on 2.74 acres. Spacious yards for your precious children or pets to play. Age range of units are from 2010 to 2021. Currently completely rented with rent paid weekly. Maintenance building on premises. Will show all units with acceptable offer.

Last Agent to Sell the Property

Marcia Botts

Award Realty License #255705 Listed on: 07/25/2022

Last Buyer's Agent

Joy Power

Award Realty License #294231

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2010

Lot Details

  • 2.74 Acre Lot
  • Lot Dimensions are 52x1308x31x999x219x312
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Stove

Schools

  • Niota Elementary School
  • Niota Middle School
  • Mcminn County High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for electricity
  • Assessor Parcel Number 021 098.00

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $7,209,600

Property Details

Home Type

Multi-Family

Year Built

Built in 2010

Lot Details

2.74 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.74
  • Lot Size: 52x1308x31x999x219x312
  • Subdivision Name: None
  • Directions: From the intersection of N Lee Hwy and Paul Huff Pwky head North on Lee Hwy for 31 miles. Turn left onto Old Fashion Church Rd/Co Rd 323. Home is .4 miles on the right. Via I-75N: From Cleveland to Exit 56. Turn right onto Union Grove Rd and continue 2.3 miles to Hwy 11. Turn left onto Hwy 11 & continue 2.7 miles. Turn left onto Old Fashion Church Rd/Co Rd 323. Property is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 960.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2010
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 021 098.00
  • Location Tax and Legal Elementary School: Niota Elementary
  • Location Tax and Legal High School: McMinn County
  • 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: 2.74
  • General Property Information Lot Size Square Feet2: 119354.4
  • General Property Information Lot Size Dimensions: 52x1308x31x999x219x312
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Great investment opportunity in Sweetwater! 5 one-bedroom duplexes with room to roam on 2.74 acres. Spacious yards for your precious children or pets to play. Age range of units are from 2010 to 2021. Currently completely rented with rent paid weekly. Maintenance building on premises. Will show all units with acceptable offer.
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Niota
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • Water Source:Well: Yes
  • General Property Information Number Of Units Total2: 5.0
  • Owner Pays:Electricity2: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Owner Pays: Electricity
  • Basement YN: No
  • Fireplace: No
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Roof: Shingle
  • 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: Electric, Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Niota Elementary
  • High School: McMinn County
  • Middle Or Junior School: Niota

Lot Info

  • Lot Size Sq Ft: 119354.4
  • Parcel #: 021 098.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 7209600.0

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $630,000 -6.7% $656 / Sq Ft
07/25/2022 07/25/22 For Sale $675,000 -- $703 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
Source: Greater Chattanooga REALTORS®

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1357725

Greater Chattanooga REALTORS®
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