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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $93
MLS Listing ID 1382761
Sold Date 02/12/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1989
Lot Size 2.000 Acres
Acres 2.0
Property Description
Amazing opportunity to invest in a townhome complex nestled in the charming Chattanooga valley community. Situated in an incredibly convenient location, just moments away from the vibrant St Elmo neighborhood and downtown Chattanooga. This remarkable complex comprises six units with two bedrooms and one and a half baths. The townhome-style layout boasts an inviting open floor plan, with the living room and kitchen situated on the first level, alongside a convenient half bath. Upstairs, you'll discover two generously proportioned bedrooms, accompanied by a full bath. The allure doesn't end there - an additional fourth lot is included, presenting the potential to expand the property to a total of eight units. Each unit features both front and rear access, ensuring ease of entry and exit, while also boasting its own private back deck, perfect for enjoying the serene surroundings. With plenty of parking available on the paved lot and approximately 2 acres of land, this investment opportunity offers both convenience and space. Positioned only around 5 miles south on 193 from St Elmo, and with a straightforward drive to downtown, the location further enhances the appeal of these units. It's worth noting that all units are currently leased and occupied, solidifying the potential for steady rental income. Don't miss out on this exceptional chance - call now to schedule an appointment and discover the boundless potential of this investment gem
Location
State GA
County Walker
Area 2.0
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Heat Source Central, Electric
Exterior
Parking Features Kitchen Level
Garage Description Kitchen Level
Community Features None
Utilities Available Sewer Connected
View Other
Roof Type Shingle
Porch Deck, Patio
Garage No
Building
Lot Description Level, Rural
Faces Go South on Broad St, take a slight left turn onto Tennessee Ave which turns into Hwy 193 at the state line, go approximately 5 miles, T/R onto Chattanooga Valley Rd, then an immediate left onto Bloodworth Court.
Story Two
Water Public
Structure Type Brick,Other
Schools
Elementary Schools Chattanooga Valley Elementary
Middle Schools Chattanooga Valley Middle
High Schools Ridgeland High School
Others
Senior Community No
Tax ID 0034 005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Trust
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Jodi Newell
Realtor | License ID: GA 373648 TN 336487
Realtor License ID: GA 373648 TN 336487