For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $157,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $70
Subdivision Coulters Addn
MLS Listing ID 2421047
Sold Date 08/14/19
HOA Y/N No
Year Built 1972
Annual Tax Amount $1,841
Lot Dimensions 131.09X151 IRR
Property Description
Investors, here's the deal you've been looking for! 506 & 508 Ely Rd can be purchased together for a package price of $329,900, and sit right next to each other in an excellent Hixson location. These all-brick duplexes have been well maintained and require minimal (if any) updates. Each unit features 2 bedrooms, 1.5 bathrooms and 1,125 sqft, an eat-in kitchen, living room, washer/dryer hookups, synthetic hardwood flooring, and off-street parking. Both of the properties have had their roofs replaced in the last 7 years. They are currently 100% occupied with a GMI of $2,955, but have rental upside. Situated in an easily rentable area, these duplexes are just minutes from Hixson shopping and dining as well as NorthShore and downtown Chattanooga. Call today for more information!
Location
State TN
County Hamilton County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
Waterfront false
View Y/N false
Roof Type Other
Parking Type Detached
Private Pool false
Building
Story 2
Water Public
Structure Type Other,Brick
New Construction false
Schools
Elementary Schools Alpine Crest Elementary School
Middle Schools Red Bank Middle School
High Schools Red Bank High School
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of RealTrac as distributed by MLS GRID. All Rights Reserved.