UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,796 sqft
Price per Sqft $146
Subdivision Hickory Woods Rev
MLS Listing ID 1532778
Year Built 1970
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 152.88X118.4
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Unit 1 is currently leased at $716/month on a month-to-month basis, while Unit 2 is leased at $1,072/month, also month-to-month--providing flexibility for an investor to adjust rents toward market levels or occupy one side if desired. The variance in rents presents a clear path to increased cash flow.
Situated in a stable residential area with convenient access to Hixson amenities, retail, and major thoroughfares, this property is well-positioned for both tenant retention and rental growth. Ideal for investors seeking a straightforward, income-producing asset with upside potential in a proven rental market.
Location
State TN
County Hamilton
Area 0.41
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen
Heating Central, Electric
Cooling Central Air, Electric
Inclusions All appliances owned by seller
Fireplace No
Heat Source Central, Electric
Exterior
Parking Features Off Street
Garage Description Off Street
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage No
Building
Lot Description Level
Faces Hixson Pk L on Austin R on Hickory Woods
Story One
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Hixson Elementary
Middle Schools Hixson Middle
High Schools Hixson High
Others
Senior Community No
Tax ID 100o A 040
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Investor
NEARBY SCHOOL & BUSINESS
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Jodi Newell
Realtor | License ID: GA 373648 TN 336487
Realtor License ID: GA 373648 TN 336487