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Key Details
Sold Price $350,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $137
MLS Listing ID 1387536
Sold Date 04/05/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1970
Lot Size 0.950 Acres
Acres 0.95
Lot Dimensions 65MX320.5
Property Description
Don't miss this opportunity to own a turn key townhome style duplex in the heart of East Ridge! Each side has 2 spacious bedrooms, 1 full bathroom, and 1 half bathroom. This duplex is perfectly set up for investors or home owners wanting to build equity while off-setting their mortgage. Both units have been remodeled with new siding, new plumbing/bathrooms, remodeled kitchens, new water heaters and much more! Both units include all appliances - refrigerators, dishwashers, ovens, microwaves, and stackable washer/dryer units. Side A is vacant and can be owner occupied or rented. Side B has renters with a lease agreement that will end with new ownership. Current lease agreement is for $1600 per month plus utilities. Here's a great chance to secure a prime piece of real estate for your rental portfolio!
Location
State TN
County Hamilton
Area 0.95
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen, Open Floorplan
Heating Central, Electric
Cooling Central Air, Electric
Flooring Luxury Vinyl, Plank
Fireplace No
Heat Source Central, Electric
Exterior
Garage Off Street
Garage Description Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Parking Type Off Street
Garage No
Building
Lot Description Sloped
Faces From I-75 take Exit 2 (signs for I-24 W/I-59/Chattanooga/Birmingham). Keep right to continue toward I-24 W. Continue onto I-24 W. Take exit 183A toward Belvoir Ave/Germantown Rd. Merge onto North Terrace. Turn left onto S Germantown Rd. Turn right onto Gleason Dr. Turn left onto Dunlap Ave. Continue straight through left hand turn. Road turns into Summitt. Duplex on the Right
Story Two
Water Public
Structure Type Aluminum Siding,Brick
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 156l B 002
Acceptable Financing Cash, Conventional, FHA, VA Loan, Owner May Carry
Listing Terms Cash, Conventional, FHA, VA Loan, Owner May Carry
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Jennifer Jones
CEO, Broker | License ID: 330369, 362343
CEO, Broker License ID: 330369, 362343