2 S Crest Road, Chattanooga, TN 37404

$209,900
6
BD
7
BA
2,556
SqFt

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List Price
$209,900
MLS#
1540734
Bedrooms
6
Full-baths
7
Sq. Ft
2,556
Acres
0.36
Year Built
1940
Subdivision
Rose Terrace Addn

Property Description

CASH ONLY! HARD MONEY LOAN OFFERS WILL BE DENIED. Investors! Builders! Landlords! Owner's loss is your gain here! Owners have decided to go a different route, so here is an opportunity for a new owner to pick up the remaining work. Brand new plumbing! Brand new electrical! Brand new sheetrock! Brand new roof! Brand new windows! Work has to be checked by city inspector since no permit was in place. Come take advantage of the work that has already been done & add paint, flooring, & a few small touches to bring this triplex (potentially quadplex with finished attic) to a profitable rental in historic Missionary Ridge in Chattanooga! Be your own landlord and live in one unit and rent the others to pay your mortgage or convert to a family compound where everyone has enough space! The full attic that has been walled off is ready to add 1000 square feet of living space! Large driveway allows more than enough space for parking! Property auto converted to SFR, so will need to be rezoned back to multi family if buyer plans to use as multi family. Units are set up on separate electric meters.

Additional Information

Stories
2
Exterior
Vinyl Siding
Interior
Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Recessed Lighting, Separate Shower, Tub/shower Combo, Breakfast Room, Split Bedrooms
Roof
Asphalt
Floors
Hardwood
Foundation
Stone
Appliances
None
Exterior Features
None
Community Features
Historic District
Lot Description
Corner Lot, Gentle Sloping, Irregular Lot
Fireplace Description
Kitchen, Wood Burning
Cooling
Central Air, Ceiling Fan(s), Electric, Multi Units
Heating
Electric
Elementary School
East Ridge Elementary
Middle School
Dalewood Middle
High School
Brainerd High
Financing Available
Cash

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Calculator source: Real Geeks

Listing courtesy of Angela Fowler Real Estate, LLC.