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709 Summitt Ave

Chattanooga, TN 37412
  • $359,900
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • MLS #: 1387536
Under Contract
$359,900
  • 0
    BEDS
  • 0.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,544
    SQFT
  • $141
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Don't miss this opportunity to own a turn key townhome style duplex in the heart of East Ridge! Each side has 2 spacious bedrooms, 1 full bathroom, and 1 half bathroom. This duplex is perfectly set up for investors or home owners wanting to build equity while off-setting their mortgage. Both units have been remodeled with new siding, new plumbing/bathrooms, remodeled kitchens, new water heaters and much more! Both units include all appliances - refrigerators, dishwashers, ovens, microwaves, and stackable washer/dryer units. Side A is vacant and can be owner occupied or rented. Side B has renters with a lease agreement that will end with new ownership. Current lease agreement is for $1600 per month plus utilities. Here's a great chance to secure a prime piece of real estate for your rental portfolio!

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www.chattanoogahomes.com/homes/148215488
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709 Summitt Ave Chattanooga, TN 37412

  • Price: $359,900
  • Status: Active Under Contract
  • On Site: 49 Days
  • MLS #: 1387536
0
Beds
0
Baths
0
½ Baths
0.95
Acres
2,544
SQFT
$141
$/SQFT
1970
Built
Neighborhood:
None
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 opportunity to own a turn key townhome style duplex in the heart of East Ridge! Each side has 2 spacious bedrooms, 1 full bathroom, and 1 half bathroom. This duplex is perfectly set up for investors or home owners wanting to build equity while off-setting their mortgage. Both units have been remodeled with new siding, new plumbing/bathrooms, remodeled kitchens, new water heaters and much more! Both units include all appliances - refrigerators, dishwashers, ovens, microwaves, and stackable washer/dryer units. Side A is vacant and can be owner occupied or rented. Side B has renters with a lease agreement that will end with new ownership. Current lease agreement is for $1600 per month plus utilities. Here's a great chance to secure a prime piece of real estate for your rental portfolio!
Exterior Features

Exterior Aluminum/VinylBrick Garage Parking Off Street Parking Lot Description Sloping Lot Size Dimensions 65MX320.5 Roof Shingle

Interior Features

Basement Crawl Space Cooling CentralElectric Description 2 Level Heating CentralElectric Unit One Bedrooms 2 Unit One Features 1.5 Baths2 BedroomsDeck/PatioDining/Living ComboEat-In KitchenKitchenLaundry HookupLiving RoomLuxury Vinyl PlanksMicrowaveOven/RangeRefrigerator Unit One Full Baths 1 Unit One Half Baths 1 Unit Two Bedrooms 2 Unit Two Features 1.5 Baths2 BedroomsDeck/PatioDining/Living ComboEat-in KitchenKitchenLaundry HookupLiving RoomLuxury Vinyl PlanksMicrowaveOven/Range Unit Two Full Baths 1 Unit Two Half Baths 1

Property Features

Community Features None Existing Financing Conventional Financing CashConventionalFHAVA Gross Monthly Rent 1600.00 Home Warranty No Owner Pays Sewer Possession Day of ClosingTenant Rights Property Sub Type Duplex Senior Community YN No Taxes 4275.37 Tenant Pays ElectricGasWater Type Of Sale Home Owner Unit One Unit Number 1 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 Keller Williams Realty: (423) 664-1600.



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