Contact info

• 423-664-1550 [Office] 

Description

North Chattanooga 5-Plex investment. 100% occupied. Great 5-plex made up one bedrooms, 2-bedrooms and one efficiency unit. Great investment opportunity. North Chattanooga or the North Shore has been one of the hottest rental markets submarkets in town. Be close to Coolidge Park, downtown, walking bridges and Frazier Avenue. This submarket has a constant demand for vacant rental space from young professionals and students. The location is at the corner of Tremont and Orr St. The roof was replaced only months ago. The owner currently pays for water. There is an opportunity to sub-meter the water and have the tenants pay for their own water. Recent capital improvements are: 2012 new roof $11,500, paint and trim work repair $4,000. Building price details: $299,500.

Property Details

• Building Name:5-Plex on Tremont
• Type: Multifamily
• Use Types:Duplex/Fourplex
• Status: Available
• Year Built: 1935
• MSA: Chattanooga
• Zoning: R2
• Buildings: 1

Exterior Features

• Parking: Yes
• Parking Spaces: 4
• Parking Type: Surface

Terms

• Cash to Seller 

Agent

Map Locations