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549 S Crest Dr

Chattanooga, TN 37404
  • $815,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 1395037
UPDATED: 71 min ago
$815,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,420
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge. Property is being sold fully furnished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings, and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain. Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-existent. The property is currently fully occupied and grossing $6800/mo. Unit mix consists of three-1 bedroom apartments, and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets, and master suites.Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.

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549 S Crest Dr Chattanooga, TN 37404

  • Price: $815,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 71 min ago
  • MLS #: 1395037
0
Beds
0
Baths
0
½ Baths
0.25
Acres
4,420
SQFT
$184
$/SQFT
1921
Built
Neighborhood:
Missionary Ridge
County:
Hamilton
Area:
Chattanooga
Elementary School:
East Ridge Elementary
Middle School:
East Ridge Middle
High School:
East Ridge High
Property Description
Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge. Property is being sold fully furnished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings, and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain. Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-existent. The property is currently fully occupied and grossing $6800/mo. Unit mix consists of three-1 bedroom apartments, and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets, and master suites.Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.
Exterior Features

Exterior Aluminum/VinylCement Fiber SidingStone Garage Parking Off Street Parking Lot Description Brow LotScenic View Lot Size Dimensions 90x121.5 Roof Shingle

Interior Features

Basement Cellar Cooling Central Description 2 Level Heating Central Unit Four Bedrooms 1 Unit Four Features 1 BathDeck/PatioDining/Living ComboFurnishedKitchenLaundry HookupMicrowaveOven/RangeRefrigerator Unit Four Full Baths 1 Unit One Bedrooms 2 Unit One Features 2+ BathsFurnishedKitchenLaundry HookupLiving RoomMicrowaveOven/RangeRefrigeratorSeparate Dining Unit One Full Baths 2 Unit Three Bedrooms 1 Unit Three Features 1 BathDining/Living ComboFireplaceFurnishedKitchenLaundry HookupLiving RoomMicrowaveOven/RangeRefrigerator Unit Three Full Baths 1 Unit Two Bedrooms 1 Unit Two Features 1 BathEat-in KitchenFurnishedKitchenLaundry HookupLiving RoomMicrowaveOven/RangeRefrigerator Unit Two Full Baths 1

Property Features

Community Features None Existing Financing Conventional Financing CashConventionalFHA Gross Monthly Rent 6800.00 Home Warranty No Owner Pays All Utilities Possession Negotiable Property Sub Type Quad Senior Community YN No Taxes 4135.50 Tenant Pays None Type Of Sale Home Owner 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

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Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Freestone Property Group: (423) 402-9392.



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The Lea Team | Keller Williams Realty
1100 Market Street
Chattanooga TN, 37402