NOT LISTED FOR SALE

712 Summitt Ave Chattanooga, TN 37412

-- Bed
-- Bath
3,000 Sq Ft
0.33 Acres

Last Sold October 12, 2022

Last sale price $220,000 $73 Per Sq Ft

4 Days on Market

Highlights

  • No HOA
  • Living Room
  • Garage
  • Multiple cooling system units
  • Central Heating and Cooling System

About This Home

As of October 2022

INVESTOR OPPORTUNITY!! Here's your chance to finish a remodel of current owner from a 3/2 duplex to a 1/1 quadraplex similar to adjoining property. Own rental property in up and coming East Ridge near all that the Red Wolves Soccer Stadium is bringing to the city. Close to Camp Jordan, Top Golf and Bass Pro Shop. Also very easy access to I-24 to downtown Chatt. Current owner had applied for R3 rezoning to allow for STVR back during Covid shutdown but never finished the process. THIS BUILDING IS CURRENTLY NOT BEING RENTED AS OWNER WAS IN PROCESS OF REMODEL/CONVERSION. **Gross rent number for informational purposes similar to adjacent property because MLS requires a number to input property. Two properties in close proximity are R3. Owner/Investor also selling two adjoining properties ; one with a fully rented quadraplex and a vacant lot zoned R2 all may be purchased as a package. SEE. MLS # 1361965 and MLS #1361966

Last Listed By

Lisa Headrick

Elite Realtors LLC License #209452 Listed on: 09/05/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 25x127.4
  • Sloped Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Washer and Dryer Hookup
  • Unfinished Basement

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Off-Street Parking

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 156l C 004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Lot Size: 25X127.4
  • Subdivision Name: None
  • Directions: From I-24 take Belvoir Ave exit to S Germantown. Left at light onto Germantown. Right on Gleason, go through stop at Donaldson. Take driveway up hill at 3216 Gleason to second building.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 3000.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1976
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156l C 004
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal High School: East Ridge High
  • 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: 0.33
  • General Property Information Lot Size Square Feet2: 14374.8
  • General Property Information Lot Size Dimensions: 25X127.4
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • Cooling:Multi Units: Yes
  • General Property Information Stories2: 2
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Unfinished: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco
  • Roof: Shingle
  • Lot Features:Sloped: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: 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: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 156l C 004
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31200.0

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
10/12/2022 10/12/22 Sold $220,000 0.0% $73 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $220,000 -- $73 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lisa Headrick

    Seller's Agent in 2022

    Lisa Headrick

    Elite Realtors LLC

    (423) 593-8052

    2 in this area

    73 Total Sales

    Lisa Headrick
    Section Image

  • T

    Buyer's Agent in 2022

    Tevan Holder

    Keller Williams Realty

  • A

    Buyer Co-Listing Agent in 2022

    Adrienne Green

    Keller Williams Realty

    (423) 218-2108

    18 in this area

    250 Total Sales

    Section Image
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1361964

Greater Chattanooga REALTORS®

APN: 156L C 004

Tennessee Hamilton County Chattanooga 37412

712 Summitt Ave, Chattanooga, TN

Homes for Sale in Chattanooga, TN

This home is located at 712 Summitt Ave, Chattanooga, TN 37412 since 05 September 2022. This property was built in 1976. 712 Summitt Ave is a home located in Hamilton County with nearby schools including East Ridge Elementary School, East Ridge Middle School, and East Ridge High School.

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