$456,000
$450,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
4,306 SqFt
SOLD DATE : 10/21/2021
Key Details
Sold Price $456,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,306 sqft
Price per Sqft $105
MLS Listing ID 1342584
Sold Date 10/21/21
Year Built 1984
Lot Size 0.800 Acres
Acres 0.8
Lot Dimensions 90.3X250.0
Property Sub-Type Quadruplex
Source Greater Chattanooga REALTORS®
Property Description
Property is under contract. Multiple offers received.
Attention investors! This Harrison Quadplex brings in $3337 in Gross Monthly Rents. Current rents are $765, $985, $787, and $800. The HUD Fair Market Rent for 2 Bedrooms in 37416 is $930 which allows potential to increase GMR to $3720+. Since the property is tenant occupied the seller requires an accepted offer with a contingency to view. Call for questions and offers.
Location
State TN
County Hamilton
Area 0.8
Rooms
Basement Crawl Space
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Fireplace No
Heat Source Central
Exterior
Parking Features Off Street
Garage Description Off Street
Roof Type Shingle
Garage No
Building
Lot Description Cul-De-Sac, Gentle Sloping, Level, Wooded
Faces I-75 North, Hwy 153 North, Exit Hwy 58 North, Left on Champion Rd, Right on Blue Oak Dr. just past entrance to Booker T Washington State Park, Right on Millard Lee Ln, Cul-de-sac lot.
Story Two
Sewer Septic Tank
Water Public
Structure Type Brick,Other
Schools
Elementary Schools Harrison Elementary
Middle Schools Brown Middle
High Schools Central High School
Others
Senior Community No
Tax ID 120c A 006.17
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Real Estate Owned, Investor
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