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6924 Standifer Gap Rd

Chattanooga, TN 37421
  • $243,000
  • STATUS: Closed
  • ON SITE: 108 Days
  • MLS #: 1374856
Sold - 08/21/2023
$243,000
SOLD - 08/21/2023
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,889
    SQFT
  • $129
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to 6924 Standifer Gap Road, where an incredible investment opportunityawaits you! This duplex property promises both immediate rental income and thepotential for increased returns. Currently occupied with month-to-month tenants, each side of this duplex commands a rental income of $950, providing an impressive foundation for your investment portfolio. This property holds immense potential as a lucrative investment, with the opportunity tomaximize your rental income. With the right renovations, each side of the duplex could easily fetch $1,500 in monthly rent. Imagine the possibilities--unlocking an additional $550 in rental income per side, elevating your cash flow and boosting your returns. Seize this chance to transform this duplex into a true gem. With an estimated renovationbudget of $40,000 to $50,000, you have the power to enhance every aspect of these units. Whether it's modernizing the kitchens and bathrooms, upgrading flooring and fixtures, or enhancing the overall aesthetics, these improvements will allow you to command higher rental rates and attract tenants seeking quality accommodations.Located on Standifer Gap Road, this property benefits from a desirable and convenient location, offering easy access to major transportation routes, shopping centers, dining options, and entertainment venues. Tenants will appreciate the proximity to amenities and the vibrant surrounding community.Don't miss out on this chance to secure a lucrative investment property on StandiferGap Road. Act now, seize the opportunity, and unlock the full potential of this duplex. Contact us today to schedule a private showing and explore the endless possibilities that await you!

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6924 Standifer Gap Rd Chattanooga, TN 37421

  • Price: $265,000
  • Status: Closed
  • On Site: 108 Days
  • Updated: 33 min ago
  • MLS #: 1374856
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,889
SQFT
$129
$/SQFT
1955
Built
Neighborhood:
Robin Sterchi
County:
Hamilton
Area:
Chattanooga
Elementary School:
Bess T. Shepherd Elementary
Middle School:
Tyner Middle Academy
High School:
Tyner Academy
Property Description
Welcome to 6924 Standifer Gap Road, where an incredible investment opportunityawaits you! This duplex property promises both immediate rental income and thepotential for increased returns. Currently occupied with month-to-month tenants, each side of this duplex commands a rental income of $950, providing an impressive foundation for your investment portfolio. This property holds immense potential as a lucrative investment, with the opportunity tomaximize your rental income. With the right renovations, each side of the duplex could easily fetch $1,500 in monthly rent. Imagine the possibilities--unlocking an additional $550 in rental income per side, elevating your cash flow and boosting your returns. Seize this chance to transform this duplex into a true gem. With an estimated renovationbudget of $40,000 to $50,000, you have the power to enhance every aspect of these units. Whether it's modernizing the kitchens and bathrooms, upgrading flooring and fixtures, or enhancing the overall aesthetics, these improvements will allow you to command higher rental rates and attract tenants seeking quality accommodations.Located on Standifer Gap Road, this property benefits from a desirable and convenient location, offering easy access to major transportation routes, shopping centers, dining options, and entertainment venues. Tenants will appreciate the proximity to amenities and the vibrant surrounding community.Don't miss out on this chance to secure a lucrative investment property on StandiferGap Road. Act now, seize the opportunity, and unlock the full potential of this duplex. Contact us today to schedule a private showing and explore the endless possibilities that await you!
Exterior Features

Exterior BlockBrickSiding Garage Parking Double Carport Lot Description Creek/StreamFlag LotLevelStream/Creek Lot Size Dimensions 175X218 Roof Metal

Interior Features

Basement Crawl SpaceUnfinished Cooling Window/Wall Unit Description 1 Level Heating Baseboard/Wall Unit One Bedrooms 2 Unit One Features 1 Bath2 BedroomsEat-In KitchenKitchenLaundry HookupLiving RoomOven/Range Unit One Full Baths 1 Unit Two Bedrooms 2 Unit Two Features 1 Bath2 BedroomsEat-In KitchenKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit Two Full Baths 1

Property Features

Community Features Tv Cable Available Existing Financing Conventional Financing CashConventional Gross Monthly Rent 1900.00 Home Warranty No Owner Pays None Possession Tenant Rights Property Sub Type Duplex Senior Community YN No Taxes 1615.43 Tenant Pays All Utilities 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 Berkshire Hathaway Homeservices J Douglas Properties: (423) 498-5800.



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