$420,000
$425,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
1,920 SqFt
SOLD DATE : 02/25/2025
Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $218
Subdivision Tiktin Court
MLS Listing ID 1505849
Sold Date 02/25/25
Originating Board Greater Chattanooga REALTORS®
Year Built 1970
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 85X135
Property Sub-Type Duplex
Property Description
PRODUCING OVER $4,000 IN MONTHLY RENTAL INCOME! This fantastic duplex is located in the heart of Red Bank just minutes from Downtown Chattanooga. With a lease already in place for one unit and the other used as a successful midterm rental, this is a no brainer for any investor looking to start or expand their Chattanooga portfolio. This could also be a great fit for a financially savvy homeowner. The property is situated on a huge lot and includes a large outbuilding and could potentially accomodate an additional ADU for someone desiring to add an additional rental unit. It offers an 8 year old metal roof, modern kitchen appliances, a new water heater in unit A, renovated bathroom in unit A, new gutter guards, and many additional improvements and upgrades throughout. Property is tenant occupied. No showings until contract is accepted.
Location
State TN
County Hamilton
Area 0.26
Interior
Cooling Central Air, Electric
Fireplace No
Exterior
Parking Features Off Street
Garage Description Off Street
Garage No
Building
Faces From Hwy27 - Take the Dayton Blvd exit, Turn Right on E Newberry, Continue straight on Tikitin, Turn left on Joselin, property is on left - there is no sign on property. Driveway is circular and loops around the duplex, so you can park in back. Please do not block the driveway.
Sewer Public Sewer
Water Public
Schools
Elementary Schools Rivermont Elementary
Middle Schools Red Bank Middle
High Schools Red Bank High School
Others
Senior Community No
Tax ID 118h F 004
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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