Description
Heads Up Investors!This building was originally built as a duplex, then added 2 units to made it a quad. In the 80's it was converted into a childcare center that ran until 2020. It already has a new roof, HVAC, and all new windows. It is currently zoned R1 so you would need to rezone it(Sellers are amendable to a contingency) and due to the high demand for affordable housing the city would likely cooperate. The upside is massive on this investment property. Please do not solicit for owner/creative financing.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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2,700SQFT
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$81$/SQFT
School Information
Description
Heads Up Investors!This building was originally built as a duplex, then added 2 units to made it a quad. In the 80's it was converted into a childcare center that ran until 2020. It already has a new roof, HVAC, and all new windows. It is currently zoned R1 so you would need to rezone it(Sellers are amendable to a contingency) and due to the high demand for affordable housing the city would likely cooperate. The upside is massive on this investment property. Please do not solicit for owner/creative financing.
850 N Orchard Knob Ave Chattanooga, TN 37404
Property Description
Exterior Brick Garage Parking Off Street Parking Lot Description Extra Lot AvailableLevel Lot Size Dimensions 46.17X135 Roof Shingle
Basement Slab Cooling CentralElectric Description 1 Level Heating CentralElectric Unit One Features Storage Unit One Full Baths 4
Community Features None Existing Financing ConventionalPrivate Financing Cash Gross Monthly Rent 0.00 Home Warranty No Owner Pays All Utilities Possession Day of Closing Property Sub Type Quad Senior Community YN No Taxes 1369.52 Tenant Pays None Type Of Sale Investor Water Sewer On SewerPublic Water
Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: (423) 664-1900.
