
Description
If you're looking for a building spot that's convenient to everything, this may be what you're looking for. This 1.7 acre parcel is two parcels combined into one. Located in the city of East Ridge, all utilities are at the road. This property is currently in the process of rezoning. It is currently zoned R-1, but the city is considering it for rezoning to RT-1. All related information will be changed in the MLS once the decision is made. The second photo (also in the ''Docs'' section) is a proposed layout, which would apply upon rezoning approval. If the buyer is financing, the price is $200,000. If the buyer is paying cash, the price is $175,000. The seller is offering financing. For 6% down due at closing of the sale of the land, the seller is willing to postpone buyer's payment until after the completion of the build. There is no time-limit for the build, however, after one year 6% interest is incurred. Buyer to verify any and all information deemed important.
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0BEDS
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1.73ACRES
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0BATHS
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01/2 BATHS
School Information
Description
If you're looking for a building spot that's convenient to everything, this may be what you're looking for. This 1.7 acre parcel is two parcels combined into one. Located in the city of East Ridge, all utilities are at the road. This property is currently in the process of rezoning. It is currently zoned R-1, but the city is considering it for rezoning to RT-1. All related information will be changed in the MLS once the decision is made. The second photo (also in the ''Docs'' section) is a proposed layout, which would apply upon rezoning approval. If the buyer is financing, the price is $200,000. If the buyer is paying cash, the price is $175,000. The seller is offering financing. For 6% down due at closing of the sale of the land, the seller is willing to postpone buyer's payment until after the completion of the build. There is no time-limit for the build, however, after one year 6% interest is incurred. Buyer to verify any and all information deemed important.


861 & 865 Donaldson Rd Chattanooga, TN 37412
Property Description
Improvements None Lot Description Sloping Lot Size Dimensions 78X320 & 60X325.49 Road CityPaved Shape FlagIrregular Structures None
Percent Clear None
Adjacent Use Multi-FamilySingle Family Auction No Docs On File None Financing CashConventionalOwner Flood Zone No Options Will Not Divide Possession Day Of Closing Property Sub Type Residential Senior Community YN No Taxes 348.73 Utilities CableElectricSewerTelephoneWater Zoning R-1 Single-Family Residential District

Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Exp Realty Llc: (888) 519-5113.


