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4104 S Terrace Ter

Chattanooga, TN 37412
  • $415,000
  • STATUS: Closed
  • ON SITE: 46 Days
  • MLS #: 1355261
Sold - 06/23/2022
$415,000
SOLD - 06/23/2022
  • 0
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $92
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Multi-Family 4-Plex2 Large Apartments with 2-Bedroom 1-1/5 Bath unitAnd, 2 1 Bedroom, 1-Bath Basement unitTotal square feet nearly 4500.1 large unit totally remodeled in 2019 with modern decor.Other 3-units in average move-in conditionExterior of building remodeled in 2019 with paint, gutters.Roof. 15-years oldTwo large units have large wooden decksComplex located on a large over 1/2-acre lot adjacent to freeway. Possible to add additional units? - verify with Zoning.All units currently rented at below market rates and month-to-month tenants with potential for much more income.Cash is king and highly respected. information should be verified with reliable sources. Owner is experienced Real Estate Agent, Investor, and Property Manager, so easy to negotiate

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4104 S Terrace Ter Chattanooga, TN 37412

  • Price: $424,999
  • Status: Closed
  • On Site: 46 Days
  • Updated: 34 min ago
  • MLS #: 1355261
0
Beds
0
Baths
0
½ Baths
0.62
Acres
4,500
SQFT
$92
$/SQFT
1977
Built
Neighborhood:
None
County:
Hamilton
Area:
Chattanooga
Elementary School:
East Ridge Elementary
Middle School:
East Ridge Middle
High School:
East Ridge High
Property Description
Multi-Family 4-Plex2 Large Apartments with 2-Bedroom 1-1/5 Bath unitAnd, 2 1 Bedroom, 1-Bath Basement unitTotal square feet nearly 4500.1 large unit totally remodeled in 2019 with modern decor.Other 3-units in average move-in conditionExterior of building remodeled in 2019 with paint, gutters.Roof. 15-years oldTwo large units have large wooden decksComplex located on a large over 1/2-acre lot adjacent to freeway. Possible to add additional units? - verify with Zoning.All units currently rented at below market rates and month-to-month tenants with potential for much more income.Cash is king and highly respected. information should be verified with reliable sources. Owner is experienced Real Estate Agent, Investor, and Property Manager, so easy to negotiate
Exterior Features

Exterior Shingle Siding Garage Parking Double CarportOff Street Parking Lot Description Gradual SlopingInterstate AccessSloping Lot Size Dimensions 130 X 210 Roof Shingle

Interior Features

Basement FinishedFull Cooling CentralElectricTwo Or More Units Description 3 Levels Or More Heating CentralGasTwo Or More Units Unit Four Bedrooms 1 Unit Four Features 1 BathDining/Living ComboKitchenLaundry HookupOven/RangeRefrigerator Unit Four Full Baths 1 Unit One Bedrooms 2 Unit One Features + Half Bath1.5 Baths2 BedroomsDeck/PatioDining/Living ComboKitchenLaundry HookupLiving RoomOven/RangeRefrigeratorStorage Unit One Full Baths 1 Unit One Half Baths 1 Unit Three Bedrooms 1 Unit Three Features 1 Bath1 BedroomDining/Living ComboKitchenLiving RoomOven/RangeRefrigerator Unit Three Full Baths 1 Unit Two Bedrooms 2 Unit Two Features 1.5 Baths2 BedroomsDeck/PatioDining/Living ComboLaundry HookupLiving RoomOven/RangeRefrigeratorStorage Unit Two Full Baths 1 Unit Two Half Baths 1

Property Features

Community Features No Pets Existing Financing Conventional Financing CashConventionalFhaVa Gross Monthly Rent 2740.00 Home Warranty No Owner Pays SewerWater Possession Day Of Closing Property Sub Type Quad Senior Community YN No Taxes 112.18 Tenant Pays ElectricGas Type Of Sale Home OwnerInvestor Unit Four Unit Number D Unit One Unit Number A Unit Three Unit Number C Unit Two Unit Number B Water Sewer On SewerPublic Water

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Listing information © 2022 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Eberhart Real Estate Services.



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The Lea Team | Keller Williams Realty
7158 Lee Highway
Chattanooga TN, 37421