UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,436 sqft
Price per Sqft $199
Subdivision Scruggs
MLS Listing ID 1542313
Style Other
Bedrooms 7
Year Built 1950
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 105X200
Property Sub-Type Quadruplex
Source Greater Chattanooga REALTORS®
Property Description
Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer. Electric and water utilities are separately metered, helping simplify property management and expense allocation. The property is also equipped with a full fire sprinkler system and fire hydrant, providing added safety and long-term risk mitigation.
Investment Highlights:
Delivered vacant, allowing the buyer to control tenant selection, lease terms, and rental rates
Unit mix includes three two-bedroom residences and one one-bedroom residence.
Separately metered electric and water utilities
Extensive renovations reduce anticipated near-term capital expenditures
Oversized R-3-zoned lot may offer future development or accessory-income potential, subject to buyer verification
Location
State TN
County Hamilton
Area 0.4
Interior
Interior Features Breakfast Bar, Granite Counters, Split Bedrooms
Heating Central, Ductless, Electric
Cooling Central Air, Ductless, Electric, Multi Units, Varies by Unit
Flooring Luxury Vinyl
Fireplace No
Window Features Insulated Windows,Vinyl Frames
Appliance Water Heater, Washer/Dryer, Microwave, Free-Standing Refrigerator, Electric Water Heater, Electric Range, Dishwasher
Heat Source Central, Ductless, Electric
Laundry In Unit, Laundry Closet
Exterior
Parking Features Driveway, Off Street
Garage Spaces 2.0
Garage Description Driveway, Off Street
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Total Parking Spaces 2
Garage Yes
Building
Lot Description Back Yard
Faces From I-24 East, take exit 181A onto 41 South to East Ridge, take 41 to Ringgold Rd through the tunnel, Turn Left on S Seminole Dr and an immediate Left onto Old Ringgold Rd. Sharp Right on E View Dr. Property will be on the Right. From I-24 W, take the Belvoir Ave exit onto North Terrace. Turn Left on Germantown Rd. Right on Ringgold Rd. Right on Seminole Dr and an immediate Left onto Old Ringgold Rd. Sharp Right onto E View Dr. Property will be on Right.
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Garage(s)
Structure Type Brick
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 156k L 034
Security Features Fire Alarm,Fire Sprinkler System,Firewall(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Investor
Nearby Locations
GET MORE INFORMATION
Megan Summers, ABR,SRS,RENE
Realtor/ Advisor License ID: GA# 421748 TN# 365726
Realtor/ Advisor License ID: GA# 421748 TN# 365726