MULTI_FAMILY - Chattanooga, TN
Very attractive Quadplex on Brainerd side of Missionary Ridge with gorgeous views and Ideal location to attract Downtown workers and UTC students. 2 bedroom/1.5 bath townhomes above with two 1 bedroom units below Owner has invested significant resources to make long term ownership profitable for new owner including; New HVAC in both townhome units, New architectural roof, New insulated windows and renovated two units in 2023. Electrical was updated about 10 years ago. left side is vacant and is ready for new tenant. Right side has long-term tenants who pay $950, one bedrooms pay $675 and $650. The savvy investor or property manager will know market rates in this location will be $1250-$1300 for the two bedroom townhome units for a potential Gross rent of $3850-$3950. please do not disturb tenants. Buyers should verify any information deemed important. sale will be a 1031 exchange. owner/...
Very attractive Quadplex on Brainerd side of Missionary Ridge with gorgeous views and Ideal location to attract Downtown workers and UTC students. 2 bedroom/1.5 bath townhomes above with two 1 bedroom units below Owner has invested significant resources to make long term ownership profitable for new owner including; New HVAC in both townhome units, New architectural roof, New insulated windows and renovated two units in 2023. Electrical was updated about 10 years ago. left side is vacant and is ready for new tenant. Right side has long-term tenants who pay $950, one bedrooms pay $675 and $650. The savvy investor or property manager will know market rates in this location will be $1250-$1300 for the two bedroom townhome units for a potential Gross rent of $3850-$3950. please do not disturb tenants. Buyers should verify any information deemed important. sale will be a 1031 exchange. owner/Agent
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