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Listed by Reena Nichols • HomeSmart
$ 585,000
Est. payment | /mo
2,174 SqFt
$ 585,000
Est. payment | /mo
2,174 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,174 sqft
Price per Sqft $269
Subdivision Colvilles Addn
MLS Listing ID 3013802
Year Built 1920
Annual Tax Amount $6,233
Lot Dimensions 50X137.4
Property Description
Instant equity! Priced below appraised value! Amazing opportunity to own income producing property in the heart of Chattanooga's Northshore. 3 bedroom/1 bath unit on main rented at $1700 thru 12/19/2027. 1 bedroom/1 bath unit rented at $1150 thru 2/28/2026, efficiency rented at $950 thru 4/30/2026. This prime location is across from a community park with playground and tennis, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery and entertainment. Set in a lovely neighborhood, in a good school district, with sidewalks and mature landscaping, just across from tennis and a playground, this location can not be beat! Selling as part of a 1031 exchange, with existing tenants.
Location
State TN
County Hamilton County
Zoning RN-3
Interior
Heating Central, Other
Cooling Central Air, Electric
Flooring Wood, Laminate
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Metal
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Normal Park Museum Magnet School
Middle Schools Normal Park Museum Magnet School
High Schools Red Bank High School
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Eddie Aeschliman
Broker/Owner | License ID: 326049