BEDS0
BATHS
SQUARE FEET1,596
MLS#1531005
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
NEIGHBORHOODChattanooga
Property Description
THIS PROPRTY MUST BE PURCHASED AS RENTAL PACKAGE. ADDITIONAL MLS NUMBERS TO FOLLOW. PROPERTY WILL NOT BE SOLD INDUVIDUALLY. TOTAL PACKAGE PRICE IS $2,295,000. This package of homes includes 12 single family homes and 2 duplex units. Purchase this updated and cash flowing rental property to increase your monthly revenue stream and lock in potential tax advantages. Updates include but not limited to siding, roofing, windows, gutters and flooring. These units produce nearly $21,000 in monthly gross revenues. Leases in place with many long-term tenants. These units would be a great addition to any portfolio or great for new investor as they are currently rented, updated and ready for new ownership. No sign on property. Please do not disturb tenants. Subject to Tenant's Rights. Showings once fully executed Letter of Intent in place. Buyer to verify any and all information deemed essential. Properties all to be sold in As Is condition.This unit was fully renovated in 2018 with updated electrical, baths, kitchens and more. Great location near UTC. Total rent for both sides is $2525.
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air, Electric
Fuel Type: Electric
Heating: Central, Electric
Home Style: Other
Lot Size: 0.21 Acres
Taxes: $2,362
Year Built: 1960
Units
Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1225.00
Square Footage: 798
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1300.00
Square Footage: 798
Feature Descriptions
Appliances: Electric Range, Electric Water Heater, Refrigerator
Days on Site: 10
Exterior: Other
Flooring: Laminate, Luxury Vinyl
Interior Amenities: Tub/shower Combo, Laminate Counters
Laundry: Laundry Closet, In Unit
Lot: Level
Lot Dimensions: 51.7X135
Parcel #: 146j M 027
Parking: Off Street
Patio/Porch: Deck, Porch
Tenant Pays: All Utilities
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Windows: Other
Local Schools
High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle
Elementary School: Orchard Knob Elementary
Listed By / Shown By
Listed By
Agency Name: 5H Realty Services, LLC
Agency Phone: 423-875-6087
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: CARMLS
Estimate Your Payment
Estimated Payment
$ 5,973.88 per month $5,107.68 Principal & Interest $196.83 Property Tax $669.38 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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520 S Holly Street | MLS# 1531005
This multi-family property located at 520 S Holly Street, Chattanooga, TN 37404 is currently listed for sale with an asking price of $2,295,000. Search Chattanooga real estate on online.fusion2b.com today.