$425,000 Price Analysis    ♡   Chattanooga, TN 37415 4 bed 2 bath 1,920 SqFt ($221/SqFt) 0.26 acre lot. Built 1970 Listed 2024-06-15, Taxes $1,679 | Ⓧ USDA Ineligible due to location near Chattanooga |
PRODUCING OVER $4
* Sale Pending *000 IN MONTHLY RENTAL INCOME! This fantastic duplex is located in the heart of Red Bank minutes from Downtown Chattanooga. With a lease already in place for one unit and the other used as a successful midterm rental, this is a no brainer for any investor looking to start or expand their Chattanooga portfolio.
This could also be a extraordinary fit for a financially savvy homeowner. The property is situated on a huge lot and includes a large outbuilding and would also accomodate an additional ADU for someone desring to add an additional rental unit. It offers an 8 year old metal roof, modern kitchen appliances, a new water heater in unit A and many additional improvements and upgrades throughout. Property is tenant occupied. No showings until contract is accepted.
Presented by Matthew Macaulay at
eXp Realty, LLC.
Property MLS #1393974 from Chattanooga
Full Bathrooms: 2
Basement Description: Crawl Space
Heating Features: Central, Electric
Heating: Yes
Lot Size Acres: 0.26
Lot Size Dimensions: 85X135
Lot Size Square Feet: 11326
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
High School: Red Bank High School
Middle School: Red Bank Middle
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 1983.380000000
Source Listing Status: Pending
County: Hamilton
Directions: From Hwy27 - Take the Dayton Blvd exit, Turn Right on E Newberry, Continue straight on Tikitin, Turn left on Joselin, property is on left - there is no sign on property. Driveway is circular and loops around the duplex, so you can park in back. Please do not block the driveway.
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: Tiktin Court
Owner Pays: Electricity, Sewer, Water
Parcel Number: 118h F 004
Subdivision: Tiktin Court
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $37,350 | $1,679 |
| 2021 | $unknown + $unknown $37,350 | $1,679 |
| 2020 | $unknown + $unknown $26,250 | $1,519 |
| 2019 | $unknown + $unknown $26,250 | $1,519 |
| 2018 | $unknown + $unknown $26,250 | $1,519 |
| 2017 | $unknown + $unknown $26,250 | $1,465 |
| 2016 | $unknown + $unknown $24,425 | $1,434 |
| 2015 | $unknown + $unknown $24,425 | $1,425 |
| 2014 | $unknown + $unknown $24,425 | $1,041 |
| 2013 | $unknown + $unknown $24,425 | $1,042 |
| 2012 | $unknown + $unknown $25,200 | $1,073 |
| 2011 | $unknown + $unknown $25,200 | $1,010 |
| 2010 | $unknown + $unknown $25,200 | $1,010 |
| 2009 | $unknown + $unknown $40,320 | $1,595 |
| 2008 | $unknown + $unknown $36,960 | $1,668 |
| 2007 | $unknown + $unknown $36,960 | $1,668 |
$425,000
Chattanooga
Sold 2021-09-21
$317,000
Chattanooga
Sold 2008-02-29
$220,000
Public Record
Sold 2001-07-30
$82,000
Public Record
Sold 1993-02-01
$55,000
Public Record
Building Area Total: 1920
Building Exterior Type: Brick, Siding
Construction Materials: Brick, Siding
Levels: 1 Level
Property Age: 54
Roof: Metal
Levels or Stories: 1
Total Area Sqft: 1920
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.