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$295,000   Price Analysis
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117 E 7th St Unit 304
Chattanooga, TN 37402
1 bed 1 bath 410 SqFt ($719/SqFt)
4,356SqFt lot. Built 1915
Listed 2022-08-06
Ⓧ USDA Ineligible
due to location

near Chattanooga

Looking to own the clouds and purchase a piece of Chattanooga's tallest historical living opulence? Welcome to the newly renovated historic ''Park Tower

* Has Contingent Offer *

'' once known as Park Hotel, soon to be Chattanooga's most luxurious and tallest condo building in downtown. The Park Hotel was known as the ritziest hotel in the city when it opened in 1915; it also projected peace of mind, as it was constructed of solid concrete and was considered fireproof. This 3rd floor unit will boast a mixture of modern industrial design with exposed concrete and the fine craftsman-style finishes of a historical restoration of the early 1900s. We have named the design ''Gilded Industrial, '' and t he entire building will contain the high-end finishes one would expect in a state of the art condominium: High ceilings, with expsed concrete. Burnished white concrete flooring, which will resemble marble. Original brick interior walls. Black stainless steel appliances. Custom kitchen cabinets, granite and quartz options for counter tops.

Floor-to-ceiling windows. Full tile showers. In-unit washer/dryer hookups. Security and Surveillance. Building Doorman and Valet. Rooftop terrace and Rose Garden. Most units and common areas will boast panoramic views of the city and surrounding mountains. Work and live in historical grandeur without leaving the building. With the option to rent newly remodeled office space, You can be the most efficient you possible. The meticulously restored 1st floor/ lobby will accommodate local commercial tenants from the area's top restaurateurs and small boutique retailers. This fabulous location allows you to walk to your favorite downtown restaurants and retailers . Also nearby is the University of Tennessee at Chattanooga, Warehouse Row, the Tivoli Theater, Soldiers and Sailor's Memorial Auditorium, the Market St. Bridge and the Chattanooga Aquarium. All Park Tower condos can be short-term rentals. or long-term lease immediately upon completion. The Park tower team will offer turnkey services on these VRBO units and long-term rentals to make your investment seamlessly simple including, but not limited to: booking, maid service, trash service, maintenance and property management.


Presented by Lizz Compton at
Keller Williams Realty.


Property MLS #1360435 from Chattanooga

Bedrooms: 1

Total Bathrooms: 1
Full Bathrooms: 1

Ceiling - 9 Ft or More
Granite Counter Tops
Laundry Closet
Washer & Dryer Hookup
Shared Bath
Interior Amenities: Ceiling - 9 Ft or More, Granite Counter Tops, Laundry Closet, Washer & Dryer Hookup, Shared Bath
Flooring: Brick

Microwave
Electric Range - Free Standing
Disposal
Dishwasher
Refrigerator

Cooling Features: Central
Heating Features: Central
Heating: Yes

Other 1
Street Additional Info: 304

Lot Description: City View, Mountain View, Scenic View
Lot Size Acres: 0.1
Lot Size Dimensions: 45x100
Lot Size Square Feet: 4356

Parking Features: Other 1, Other 2

Elementary School: Brown Academy
High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle

Tommie F. Brown International Academy is a public elementary school located approximately 0.6 miles away.
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The Howard School is a public high school located approximately 1.6 miles away.
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Orchard Knob Middle School is a public middle school located approximately 1.8 miles away.
directions icon Map directions

Girls Preparatory School is a private middle and high school located approximately 1 miles away.
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Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0

Security Guard
Gas Lights
Homeowner Assoc Fee - Mandatory
Community Features: Security Guard, Gas Lights, Homeowner Assoc Fee - Mandatory

Investor
Annual Tax Amount: 2500
Source Listing Status: Active Under Contract
County: Hamilton
Directions: from East Brainerd Rd head west, turn right onto McCallie Ave. Remain on McCallie until crossing over intersection Georgia Ave you will be on 7th St building Is on the right. after Walnut St
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: Single Family
Area: Chattanooga
Property Subtype: condo
Source Neighborhood: Original Town Market Street
Parcel Number: 145d_a_009
Subdivision: Original Town Market Street
Property Subtype: Condominium
Source System Name: C2C

Listed 2022-08-15
$295,000
RealTracs
Listed 2022-08-06
$295,000
Chattanooga

Year Built: 1915
Building Area Total: 410
Building Exterior Type: Masonry, Brick
Construction Materials: Masonry, Brick
Foundation Details: Poured
Property Age: 109
Roof: Rolled/Hot Mop
House Style: High Rise
Total Area Sqft: 410
Architectural Style: High Rise

Sewer: On Sewer, Public
Cable Lines/Above Ground
Water Source: On Sewer, Public

Other Equipment: Elevator, Security System, Smoke Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.