
Description
Great investment opportunity. Property has 2 dwellings. 1 single family and 1 duplex. All units have long term tenants (approx 10+ years) and are rented below market. Fair market rents for all are approx $5000 monthly. Currently getting $2300. No showings until contract negotiated. House is 4 bed 1.5 baths with garage. Duplex units are 2 bed 1 bath with garages.
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4BEDS
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0.47ACRES
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1BATHS
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11/2 BATHS
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1,400SQFT
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$400$/SQFT
School Information
Description
Great investment opportunity. Property has 2 dwellings. 1 single family and 1 duplex. All units have long term tenants (approx 10+ years) and are rented below market. Fair market rents for all are approx $5000 monthly. Currently getting $2300. No showings until contract negotiated. House is 4 bed 1.5 baths with garage. Duplex units are 2 bed 1 bath with garages.
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151 W Ridgewood Avenue Chattanooga, TN 37415
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials BrickWood Siding Exterior Features Rain Gutters Fencing [] Foundation Details Block Garage YN Yes Lot Features Sloped Other Structures See Remarks Parking Features DrivewayGarage Patio And Porch Features Porch Pool Features [] Roof Shingle Roof Shingle Yes Spa YN No Structure Type [] View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances RefrigeratorElectric Range Basement Partially Finished Basement YN Yes Building Area Total 1400 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring CarpetHardwood Heating CentralNatural Gas Heating YN Yes Interior Features [] Laundry Features [] Levels Two Window Features []
Additional Parcels YN No Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Grazing Permits BLMYN No Grazing Permits Private YN No Green Energy Efficient [] Green Energy Generation [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN No Other Equipment [] Property Sub Type Single Family Residence Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 3086.98 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer Connected Utilities Sewer Connected Yes Water Source Public

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Listing courtesy of United Real Estate Experts: 423-771-7611.


