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Investment opportunity in Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout, and the roof and gutters were just 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 full bath. The units on the main level have direct access to the covered front porch, while the upper units have a common rear foyer with steps down to the front porch. The upstairs rear foyer also provides a great space for bicycles, etc. All of the units have there own HVAC units and are separately metered. The owner pays for water/sewer. There are currently a total of 8 tenants who utilize the parking area in the back and a small patio area for grilling. There is also 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 rented throughout the seller's ownership. Showings to only be allowed once there is a binding agreement, so please call for more information. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
Property Type(s):
Multi Family
Last Updated | 8/30/2023 | Tract | Johnsons A M |
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Year Built | 1900 | County | Hamilton |
SCHOOLS
Elementary School | Calvin Donaldson Elementary |
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Jr. High School | Lookout Valley Middle |
High School | Lookout Valley High |
Additional Details
BASEMENT | Unfinished, Yes |
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HEAT | Central, Natural Gas |
LOT | 0.43 acre(s) |
LOT DESCRIPTION | Level, Sloped |
LOT DIMENSIONS | 75X462 |
STORIES | 2 |
SUBDIVISION | Johnsons A M |
TAXES | 3877.03 |
UTILITIES | Sewer Connected |
WATER | Public |
Location
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