Description
Investment opportunity in Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout, and the roof and gutters were just replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and full bath. The units on the main level have direct access to the covered front porch, while the upper units have a common rear foyer with steps down to the front porch. The upstairs rear foyer also provides a great space for bicycles, etc. All of the units have there own HVAC units and are separately metered. The owner pays for water/sewer. There are currently a total of 8 tenants who utilize the parking area in the back and a small patio area for grilling. There is also a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained rented throughout the seller's ownership. Showings to only be allowed once there is a binding agreement, so please call for more information. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
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0BEDS
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0.43ACRES
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0BATHS
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01/2 BATHS
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3,313SQFT
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$240$/SQFT
School Information
Description
Investment opportunity in Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout, and the roof and gutters were just replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and full bath. The units on the main level have direct access to the covered front porch, while the upper units have a common rear foyer with steps down to the front porch. The upstairs rear foyer also provides a great space for bicycles, etc. All of the units have there own HVAC units and are separately metered. The owner pays for water/sewer. There are currently a total of 8 tenants who utilize the parking area in the back and a small patio area for grilling. There is also a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained rented throughout the seller's ownership. Showings to only be allowed once there is a binding agreement, so please call for more information. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
4411 Alabama Ave Chattanooga, TN 37409
Property Description
Exterior Aluminum/Vinyl Garage Parking Off Street Parking Lot Description Gradual SlopingHistoric DistrictLevel Lot Size Dimensions 75X462 Roof Shingle
Basement Unfinished Cooling CentralElectric Description 2 Level Heating CentralGas Unit Four Bedrooms 1 Unit Four Features 1 Bath1 BedroomEat-in KitchenKitchenLiving RoomOven/RangeRefrigerator Unit Four Full Baths 1 Unit One Bedrooms 1 Unit One Features 1 Bath1 BedroomDining/Living ComboEat-In KitchenKitchenOven/RangeRefrigerator Unit One Full Baths 1 Unit Three Bedrooms 1 Unit Three Features 1 Bath1 BedroomEat-in KitchenKitchenLiving RoomOven/RangeRefrigerator Unit Three Full Baths 1 Unit Two Bedrooms 1 Unit Two Features 1 Bath1 BedroomKitchenLiving RoomOven/RangeRefrigerator Unit Two Full Baths 1
Community Features Community LaundryPrivate Yard Existing Financing None Financing CashConventional Gross Monthly Rent 3535.00 Home Warranty No Owner Pays SewerWater Possession Day of ClosingTenant Rights Property Sub Type Quad Senior Community YN No Taxes 3877.03 Tenant Pays ElectricGas Type Of Sale Home OwnerInvestor Unit Four Unit Number 4 Unit One Unit Number 1 Unit Three Unit Number 3 Unit Two Unit Number 2 Water Sewer On SewerPublic Water
Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: (423) 664-1900.
