Description
Updated Duplex with Immediate Cash Flow Potential! 4053/4055 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking. Both units are currently rented and generating a total rental income of about $2,164 per month. It is currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning. This property can be purchased individually or along with MLS #'s 1523980 and 1523981 for a total $825,00 for all 3 duplexes.
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0BEDS
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0.5ACRES
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0BATHS
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01/2 BATHS
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1,680SQFT
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$164$/SQFT
School Information
Description
Updated Duplex with Immediate Cash Flow Potential! 4053/4055 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking. Both units are currently rented and generating a total rental income of about $2,164 per month. It is currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning. This property can be purchased individually or along with MLS #'s 1523980 and 1523981 for a total $825,00 for all 3 duplexes.
4053/4055 Teakwood Drive Chattanooga, TN 37416
Property Description
Architectural Style Ranch Attached Garage YN No Construction Materials Brick Exterior Features [] Fencing [] Foundation Details [] Lot Features Back YardFront Yard Other Structures [] Parking Features DrivewayKitchen LevelOff Street Patio And Porch Features [] Pool Features [] Roof Shingle Roof Shingle Yes Structure Type DuplexMulti Family View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Vented Exhaust FanRefrigeratorFree-Standing RangeElectric Water HeaterDishwasher Basement [] Basement YN No Building Area Total 1680 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating CentralElectric Heating YN Yes Interior Features Tub/shower Combo Laundry Features Electric Dryer HookupLaundry RoomMain LevelWasher Hookup Levels One Window Features []
Additional Parcels YN No Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Structure Type Multi Family Yes Tax Annual Amount 2423.14 Utilities Electricity ConnectedSewer ConnectedWater Connected Utilities Sewer Connected Yes Water Source Public
Listing information © 2025 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Zach Taylor - Chattanooga: 855-261-2233.
