$430,000
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3,465 SqFt
SOLD DATE : 03/11/2024
Key Details
Sold Price $430,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,465 sqft
Price per Sqft $124
Subdivision Carr
MLS Listing ID 1384622
Sold Date 03/11/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1957
Lot Size 1.400 Acres
Acres 1.4
Lot Dimensions 260X219.5
Property Description
: Incredible opportunity to own a TRIPILEX (could easily be made a QUADRUPLEX or possibly more?) in the HEART of Signal Mountain zoned for award winning Signal Mountain schools including Thrasher Elementary. This has been a used as a multi-generational family home, but is perfect as a 3 unit rental OR an owner/occupied AIRBNB / VRBO / STVR or even a WORK / LIVE situation. Tons of earning potential & possibilities. EACH UNIT IS INDIVIDUALLY METERED FOR ELECTRIC and water is one meter. AS IT SITS, for long term rentals, rents could be approx $3800 - $4300/month. As an owner occupied AIRBNB or a mix, the possibilities are endless depending on how you divide it or which one you reside in. Add on or separate the finished basement and easily add more income. With just under 1.5 Acres of land, it's possible to add onto the existing home or add an ADU with proper permits. This ''home'' is a one of a kind investors dream. Brick exterior, gorgeous hardwoods, cool original tile, lots of outdoor living, parking for 10+ cars, an RV, storage galore, lots of land, WALKABILITY to everything ''Signal Mountain'' including shops, restaurants, grocery store, doctors offices and even tennis courts and pools. *** Information is deemed reliable but not guaranteed. Buyer to verify any and all info they deem important. Anny rent estimates are estimates based on comps and nothing more - please do your own research ***
Location
State TN
County Hamilton
Area 1.4
Rooms
Basement Finished, Full, Partial
Interior
Interior Features Open Floorplan, Storage
Heating Baseboard, Central, Electric, Oil, Propane
Cooling Central Air, Electric, Wall Unit(s), Window Unit(s)
Fireplace Yes
Heat Source Baseboard, Central, Electric, Oil, Propane
Exterior
Exterior Feature Storage
Parking Features Basement
Carport Spaces 3
Garage Description Basement
Utilities Available Cable Available
Roof Type Shingle
Porch Deck, Patio
Garage No
Building
Lot Description Level
Faces N on Taft, past Pruetts, L on Albert, house on corner of Taft and Albert
Story One
Foundation Brick/Mortar
Sewer Septic Tank
Water Public
Structure Type Brick,Other
Schools
Elementary Schools Thrasher Elementary
Middle Schools Signal Mountain Middle
High Schools Signal Mtn
Others
Senior Community No
Tax ID 098j B 012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Trust
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Agent | License ID: TN 338923 / GA 374620