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5709 Jana Ln

Hixson, TN 37343
  • $350,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 1370332
UPDATED: 55 min ago
$350,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,352
    SQFT
  • $149
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Nothing ordinary here - only the extraordinary! When was the last time you saw a brick duplex with a fireplace, private garage, and storage on each side? When was the last time you saw a quality duplex with a projected 10.28% cash-on-cash return? The property features two renovated kitchens with beautiful cabinets and stunning countertops. The living, dining, and entry areas are huge, and the bedrooms are oversized. Windows have been updated. One side is 100% ready to go, and the second needs updated interior paint and flooring. Rent is projected at $1500 per side for $36,000 annually. $36000 divided by $350000 = .1028% return. Buyer to confirm rent projections. This duplex is a perfect owner-occupied investment!

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www.chattanoogahomes.com/homes/137669700
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5709 Jana Ln Hixson, TN 37343

  • Price: $350,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 55 min ago
  • MLS #: 1370332
0
Beds
0
Baths
0
½ Baths
0.57
Acres
2,352
SQFT
$149
$/SQFT
1974
Built
Neighborhood:
Lake Forrest
County:
Hamilton
Area:
Hixson
Elementary School:
Hixson Elementary
Middle School:
Hixson Middle
High School:
Hixson High
Property Description
Nothing ordinary here - only the extraordinary! When was the last time you saw a brick duplex with a fireplace, private garage, and storage on each side? When was the last time you saw a quality duplex with a projected 10.28% cash-on-cash return? The property features two renovated kitchens with beautiful cabinets and stunning countertops. The living, dining, and entry areas are huge, and the bedrooms are oversized. Windows have been updated. One side is 100% ready to go, and the second needs updated interior paint and flooring. Rent is projected at $1500 per side for $36,000 annually. $36000 divided by $350000 = .1028% return. Buyer to confirm rent projections. This duplex is a perfect owner-occupied investment!
Exterior Features

Exterior Brick Garage Parking Attached GarageDouble Garage Lot Description Cul-De-SacGradual SlopingWooded Lot Size Dimensions 205.87X120 Roof Shingle

Interior Features

Basement Unfinished Cooling CentralElectric Description 1 Level Heating CentralElectric Unit One Bedrooms 2 Unit One Features 1 Bath2 BedroomsDeck/PatioDining/Living ComboFireplaceKitchenLaundry HookupOven/RangeRefrigerator Unit One Full Baths 1 Unit One Half Baths 0 Unit Two Bedrooms 2 Unit Two Features 1 Bath2 BedroomsDeck/PatioDining/Living ComboFireplaceKitchenLaundry HookupOven/RangeRefrigerator Unit Two Full Baths 1 Unit Two Half Baths 0

Property Features

Community Features None Existing Financing Conventional Financing CashConventionalFhaVa Gross Monthly Rent 900.00 Home Warranty No Owner Pays None Possession Negotiable Property Sub Type Duplex Senior Community YN No Taxes 1601.97 Tenant Pays ElectricSewerWater Type Of Sale Investor Unit One Unit Number 1 Unit Two Unit Number 2 Water Sewer On SewerPublic Water

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Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: (423) 664-1900.



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Keller Williams Greater Downtown Realty | Barry and Diane Evans - The Evans Group
1830 Washington Street
Chattanooga TN, 37408