$815000 Price Analysis    ♡   Chattanooga, TN 37404 5 bed 5 bath 4420 SqFt ($184/SqFt) 0.25 acre lot. Built 1921 Listed 2024-07-03, Taxes $2061 | Ⓧ USDA Ineligible due to price & location near Chattanooga |
Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge.
Property is being sold fully fur nished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain.
Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-xistent. The property is currently fully occupied and grossing $6800/mo. Unit mix consists of three-1 bedroom apartments and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets and master suites. Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.
Presented by Chase Buckner at
Freestone Property Group.
Property MLS #1395037 from Chattanooga
Full Bathrooms: 5
Basement Description: Cellar
Heating Features: Central
Heating: Yes
Lot Size Acres: 0.25
Lot Size Dimensions: 90x121.5
Lot Size Square Feet: 10890
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
High School: East Ridge High
Middle School: East Ridge Middle
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 4135.5
Source Listing Status: Active
County: Hamilton
Directions: From 24: 1) Head south on Westside Dr. 2)Turn right onto S Crest. 3)Property on right.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: MultiFamily
Source Neighborhood: Missionary Ridge
Owner Pays: All Utilities
Parcel Number: 168j T 014
Subdivision: Missionary Ridge
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $92160 | $2061 |
| 2021 | $unknown + $unknown $92160 | $2061 |
| 2020 | $unknown + $unknown $82800 | $2289 |
| 2019 | $unknown + $unknown $82800 | $2289 |
| 2018 | $unknown + $unknown $82800 | $2289 |
| 2017 | $unknown + $unknown $82800 | $2289 |
| 2016 | $unknown + $unknown $82800 | $2289 |
| 2015 | $unknown + $unknown $82800 | $2289 |
| 2014 | $unknown + $unknown $82800 | $2289 |
| 2013 | $unknown + $unknown $82800 | $2289 |
| 2012 | $unknown + $unknown $85680 | $2369 |
| 2011 | $unknown + $unknown $85680 | $2369 |
| 2010 | $unknown + $unknown $85680 | $2369 |
| 2009 | $unknown + $unknown $85680 | $2369 |
| 2008 | $unknown + $unknown $70200 | $2214 |
| 2007 | $unknown + $unknown $70200 | $2214 |
$815000
Chattanooga
Sold 2024-01-31
$751000
Chattanooga
Sold 1998-10-02
$165000
Public Record
Sold 1993-06-25
$130000
Public Record
Building Area Total: 4420
Building Exterior Type: Aluminum/Vinyl, Cement Fiber Siding, Stone
Construction Materials: Aluminum/Vinyl, Cement Fiber Siding, Stone
Levels: 2 Level
Property Age: 103
Roof: Shingle
Levels or Stories: 2
Total Area Sqft: 4420
Water Source: On Sewer, Public
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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.