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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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
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1,998SQFT
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$151$/SQFT
School Information
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.
4734 Norcross Road Hixson, TN 37343
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials Brick Exterior Features [] Fencing Fenced Fencing Fenced Yes Foundation Details [] Garage YN Yes Lot Features Level Other Structures [] Parking Features Kitchen Level Patio And Porch Features [] Pool Features [] Roof Shingle Roof Shingle Yes Structure Type [] View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances [] Basement Crawl Space Basement YN Yes Building Area Total 1998 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating CentralElectric Heating YN Yes Interior Features Open Floorplan Laundry Features [] Levels One Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features None Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer [] Special Listing Conditions Investor Tax Annual Amount 2638.53 Utilities Sewer Connected Utilities Sewer Connected Yes Water Source Public
Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Real Broker: 844-591-7325.
