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Investment Opportunity in Red Bank DUPLEX! Discover the charm of this lovely duplex on a spacious (.65ac) lot in a quiet neighborhood. Historic hardwood floors, a large covered front porch, and ample outdoor space make this property a valuable addition to your portfolio. Side A boasts a screen side-porch, clawfoot tub, mini split, window unit, brand new water heater, and beautiful hardwoods, currently leased at $1000/mo until 7/31/2024. Side B -vacant- features central HVAC (gas furnace), a larger kitchen, a small bonus room (ideal as a 2nd bedroom or office), and a generous laundry/mudroom. Currently rented at $1100/mo. Don't miss out on this income-producing gem with historical charm and modern amenities in a prime Red Bank location! *CALL PRIMARY LISTING AGENT FOR SHOWINGS.* *LOT HAS BEEN SUBDIVIDED (now .65ac). See pictures and documents for survey and details* *Offer MUST include the following: ->''This Agreement is contingent upon the subdivision of the lot per Exhibit A, prior to closing.'' ->''Buyer and seller understand and agree that the access to the parking area for the Property will remain as is, and the Property has an Access Easement (aka Drive Easement) to access the Property for parking.'' -> Include Exhibit A in Section 18, Line 482, and have buyer initial survey drawing in docs.* ETA on subdivision is May 2023. -> Title company to be Title Insurance Co (7405 Shallowford Rd 37421 Ste 540) -> Washers and Dryers do not convey. *PERSONAL INTEREST*
Property Type(s):
Multi Family
| Last Updated | 4/22/2024 | Tract | None |
|---|---|---|---|
| Year Built | 1922 | County | Hamilton |
SCHOOLS
| Elementary School | Red Bank Elementary |
|---|---|
| Jr. High School | Red Bank Middle |
| High School | Red Bank High School |
Additional Details
| BASEMENT | Crawl Space, Unfinished, Yes |
|---|---|
| HEAT | Central, Electric, Natural Gas |
| LOT | 0.65 acre(s) |
| LOT DESCRIPTION | Level, Sloped, Wooded |
| LOT DIMENSIONS | 169.45X283.45 |
| STORIES | 1 |
| SUBDIVISION | None |
| TAXES | 2361.99 |
| UTILITIES | Sewer Connected |
| WATER | Public |
Location
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Listing Courtesy of Keller Williams Realty
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This site was last updated on 4/27/24 8:39 AM PDT
Copyright© 2002 by Chattanooga Association of REALTORS®
This IDX solution is (c) Diverse Solutions 2024.
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