Description
WHAT AN OPPORTUNITY!!! This duplex qualifies for section 8 which means the tenants can be pre screened and the rent is consistent and predictable. The current rent is due to be raised and each unit could qualify for $1,100 monthly. The buyer is not obligated in any way to continue section 8 qualification but the qualification has already been obtained. The buyer can live in one side and rent the other or simply rent both sides out. One side has been updated with new floors upstairs and downstairs, new countertops and vanities, new toilets, new sinks, new appliances, new hot water heater, new fixtures, new paint, new soffits, new gutters and fresh paint outside. The entire building has a new roof and the other side is in good condition as well. The unit is very conveniently placed right off Bonny Oaks very close to Hwy 153. This opportunity will not last so don't miss out!!!
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0BEDS
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0.35ACRES
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0BATHS
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01/2 BATHS
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2,232SQFT
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$110$/SQFT
School Information
Description
WHAT AN OPPORTUNITY!!! This duplex qualifies for section 8 which means the tenants can be pre screened and the rent is consistent and predictable. The current rent is due to be raised and each unit could qualify for $1,100 monthly. The buyer is not obligated in any way to continue section 8 qualification but the qualification has already been obtained. The buyer can live in one side and rent the other or simply rent both sides out. One side has been updated with new floors upstairs and downstairs, new countertops and vanities, new toilets, new sinks, new appliances, new hot water heater, new fixtures, new paint, new soffits, new gutters and fresh paint outside. The entire building has a new roof and the other side is in good condition as well. The unit is very conveniently placed right off Bonny Oaks very close to Hwy 153. This opportunity will not last so don't miss out!!!
3813 Cherwood Ln Chattanooga, TN 37406
Property Description
Exterior Brick Garage Parking Main LevelOff Street Parking Lot Description Cul-De-SacLevel Lot Size Dimensions 61.55X249.5 Roof Shingle
Basement Slab Cooling Central Description 2 Level Heating Central Unit One Bedrooms 4 Unit One Features 1.5 Baths2 BedroomsDining/Living ComboKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit One Full Baths 1 Unit One Half Baths 1 Unit Two Bedrooms 2 Unit Two Features 1.5 BathsDining/Living ComboKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit Two Full Baths 1 Unit Two Half Baths 1
Community Features None Existing Financing None Financing CashConventional Gross Monthly Rent 900.00 Home Warranty No Owner Pays None Possession Day Of Closing Property Sub Type Duplex Senior Community YN No Taxes 2660.07 Tenant Pays None Type Of Sale Investor Unit One Unit Number A Unit Two Unit Number B Water Sewer On SewerPublic Water
Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Exit Realty Scenic Group: (423) 803-4900.
