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506 Hargraves Ave, Chattanooga, TN 37411

$44,950+/Unit

Commercial property for sale

Added: 12/23/2011
Last Update: 04/21/2012
506 Hargraves Ave Chattanooga, TN 37411 US
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Contact info

  • 423-664-1550 [Office] 

Description

Strong rental history. Duplex has been under current owner for the last 30 years and has been very well taken care of. Duplex has 2 bedrooms and 1 bath, Den and Kitchen on each side. Each unit also has washer/dryer hook-ups. Current monthly rental income is $1,000 per month. One unit rents for $475 the other for $525. The exterior was painted October 2010. New gutters and facia were installed in November 2010. Side A was gutted and remodeled from top to bottom the end of 2010 as well. Side B was remodeled in 2007. A new roof was installed in 2005. The duplex is nestled amongst many single family homes. From the exterior this property appears to be a single family home. However, there is a foyer opening up to each unit. The front of the lot gently slopes and the back yard is flat and fenced. Building price details: $89,900.

Property Details

  • Type: Multifamily
  • Use Types:Low-Rise/Garden
  • Status: Available
  • Year Built: 1950
  • Year Renovated: 2010
  • MSA: Chattanooga
  • Zoning: R2
  • Buildings: 1

Terms

  • Cash to Seller 

Map Locations