$745,000

Estimated payment $4,450/month

Total Views 11,563
4 Beds
4 Baths
3,313 Sq Ft
$225 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating
  • Cooling Available

About This Home

Investment opportunity at the foot of Lookout Mountain in historic Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout, and the roof and gutters were replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and a full bath. The units on the main level have direct access to the covered front porch, while the upper units have a secondary rear foyer with steps down to the front porch. This upstairs rear foyer also provides a great space for bicycles, etc. All of the units have their own HVAC units and are separately metered, and the owner pays for water/sewer. Tenants and their guests utilize the parking area in the back and a small patio area for grilling. There is also a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained rented throughout the seller's ownership; however, one of the tenants recently moved out, and the seller is planning to leave this one temporarily vacant to allow for showings. Showings of the other occupied units will only be allowed once there is a binding agreement in place so as to minimize disruption to the tenants. Please call for more information or to schedule a showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Listing Agent

Jay Robinson

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4239036404 License #255994 Listed on: 11/07/2024

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 75x462

Home Design

  • Quadruplex

Interior Spaces

  • 3,313 Sq Ft Home
  • Property has 3 Levels
  • Tile Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Gravel Driveway
  • Parking Lot

Schools

  • Calvin Donaldson Elementary School
  • Lookout Valley Middle / High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units
  • Johnsons A M Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 167B B 006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,877

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1900
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • Attribution Contact: 4239036404
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Wood, Tile
  • Total Bedrooms: 4
  • Building Area Units: Square Feet
  • Living Area: 3313
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached, Driveway, Gravel, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association: No

Lot Info

  • Lot Size: 75X462
  • Lot Size Units: Acres
  • Parcel #: 167B B 006
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Other, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 4
  • Total Actual Rent: 2695

Tax Info

  • Tax Annual Amount: 3877

MLS Schools

  • Elementary School: Calvin Donaldson Elementary
  • High School: Lookout Valley Middle / High School
  • Middle Or Junior School: Lookout Valley Middle / High School

Map

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
11/07/2024 11/07/24 For Sale $745,000 -- $225 / Sq Ft
Source: Realtracs

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Source: Realtracs

MLS Number: 2757366

Realtracs