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4734 Norcross Rd

Hixson, TN 37343
  • $309,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 1395432
New On Site 3 Days Ago
UPDATED: 146 min ago
$309,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,998
    SQFT
  • $155
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Attention investors! Don't miss out on this investment opportunity in Hixson, Tennessee. This duplex currently has a gross monthly rent of $2320. Unit A was recently rented at $1175 and unit B rented at $1145. There is potential to increase gross monthly rents to $2660+ since the 2024 HUD Small Area Fair Market Rents are $1,330 for a 2 bedroom unit in 37343. The property is professionally managed by a property management firm. Showing allowed on vacant Unit A only. The property can be a great opportunity for both investors and owner occupants. For a home buyer intending on living on one side we have options for 0-5% down with VA, FHA, or conventional financing. Offers will need a contingency to view Unit B within the due diligence/inspection period. Please do not disturb tenants.

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www.thehollisgroup.com/homes/152484955
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4734 Norcross Rd Hixson, TN 37343

  • Price: $309,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 146 min ago
  • MLS #: 1395432
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1,998
SQFT
$155
$/SQFT
1969
Built
Neighborhood:
None
County:
Hamilton
Area:
Hixson
Elementary School:
Dupont Elementary
Middle School:
Hixson Middle
High School:
Hixson High
Property Description
Attention investors! Don't miss out on this investment opportunity in Hixson, Tennessee. This duplex currently has a gross monthly rent of $2320. Unit A was recently rented at $1175 and unit B rented at $1145. There is potential to increase gross monthly rents to $2660+ since the 2024 HUD Small Area Fair Market Rents are $1,330 for a 2 bedroom unit in 37343. The property is professionally managed by a property management firm. Showing allowed on vacant Unit A only. The property can be a great opportunity for both investors and owner occupants. For a home buyer intending on living on one side we have options for 0-5% down with VA, FHA, or conventional financing. Offers will need a contingency to view Unit B within the due diligence/inspection period. Please do not disturb tenants.
Exterior Features

Exterior Brick Garage Parking Main Level Lot Description Level Lot Size Dimensions 110X140.6 Roof Shingle

Interior Features

Basement Crawl Space Cooling CentralElectric Description 1 Level Heating CentralElectric Unit One Bedrooms 2 Unit One Features 1 Bath2 BedroomsDining/Living ComboKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit One Full Baths 1 Unit Two Bedrooms 2 Unit Two Features 1 Bath2 BedroomsDining/Living ComboFenceKitchenLaundry HookupLiving RoomOven/Range Unit Two Full Baths 1

Property Features

Community Features None Existing Financing Private Financing CashConventionalFHAVA Gross Monthly Rent 2320.00 Home Warranty No Owner Pays None Possession Day of ClosingTenant Rights Property Sub Type Duplex Senior Community YN No Taxes 2638.53 Tenant Pays ElectricSewerWater Type Of Sale Investor Unit One Unit Number A Unit Two Unit Number B Water Sewer On SewerPublic Water

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Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Real Broker: (844) 591-7325.



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Cassie Hollis | Realtor® | Better Homes and Gardens Signature Brokers
3326 St. Elmo Avenue
Chattanooga TN, 37408