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Gabe Cartwright

gabecartwright14@gmail.com +1(423) 716-3922

$ 699,000

Est. payment | -/mo

5 Baths

3,313 SqFt

Save

$ 699,000

Est. payment | -/mo

Save

5 Baths

3,313 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,313 sqft

Price per Sqft $210

Subdivision Johnsons A M

MLS Listing ID 1527398

Style Other

Year Built 1900

Lot Size 0.430 Acres

Acres 0.43

Lot Dimensions 75X462

Property Sub-Type Quadruplex

Source Greater Chattanooga REALTORS®

Property Description

Investment opportunity at the foot of Lookout Mountain in historic Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down - all with different floor plans and unique character. They all boast tons of charm and varying updates throughout, and the roof and gutters were replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and a full bath. The units on the main level have direct access to the covered front porch, while the upper units have a secondary rear foyer with steps down to the front porch. This upstairs rear foyer also provides a great space for bicycles, etc. All of the units have their own HVAC units and are separately metered, and the owner pays for water/sewer. Tenants and their guests utilize the parking area in the back, and there is also a small patio area for grilling. There is a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained consistently rented throughout the seller's ownership; however, two of the units have recently been vacated, and the seller is planning to leave them empty to so they can be shown. Showings of the other occupied units will only be allowed once there is a binding agreement in place so as to minimize disruption to the tenants. Zoned RN 1-5, the property could also be used as an owner-occupied STVR or bed and breakfast with the proper permitting. Please call for more information or to schedule a showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Location

State TN

County Hamilton

Area 0.43

Interior

Interior Features Breakfast Nook, Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, High Ceilings, Laminate Counters, Tub/shower Combo, Walk-In Closet(s), See Remarks

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Yes

Appliance Refrigerator, Free-Standing Electric Range

Heat Source Central, Natural Gas

Laundry Common Area, Main Level

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway, Gravel, Off Street, Parking Lot

Garage Description Driveway, Gravel, Off Street, Parking Lot

Community Features Historic District, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Porch Front Porch, Porch - Covered

Garage No

Building

Lot Description Gentle Sloping

Faces South on Broad towards Lookout Mountain, left on TN Ave. Tennessee Ave turns into Saint Elmo Ave, right on 43rd St, left on Alabama Ave, house is on the right. No Sign on property. PLEASE DO NOT DISTURB THE TENANTS.

Story Two

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

Elementary Schools Calvin Donaldson Elementary

Middle Schools Lookout Valley Middle

High Schools Lookout Valley High

Others

Senior Community No

Tax ID 167b B 006

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Investor

Pets Allowed No

Greater Chattanooga Association of REALTORS(GCAR MLS)

Listed by Keller Williams Realty

GET MORE INFORMATION

+1(423) 716-3922

gabecartwright14@gmail.com

2075 Ocoee St Cleveland, TN Cleveland, 37311

4411 Alabama AVE Chattanooga, TN 37409