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Jennifer James

maximumefforthomes@gmail.com +1(520) 265-7485

Listed by Jay Robinson • Greater Downtown Realty dba Keller Williams Realty

$ 699,000

Est. payment | -/mo

3,313 SqFt

Save

$ 699,000

Est. payment | -/mo

Save

3,313 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,313 sqft

Price per Sqft $210

Subdivision Johnsons A M

MLS Listing ID 3116320

HOA Y/N false

Year Built 1900

Annual Tax Amount $3,877

Lot Dimensions 75X462

Property Description

Investment opportunity at the foot of Lookout Mountain in historic Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down - all with different floor plans and unique character. They all boast tons of charm and varying updates throughout, and the roof and gutters were replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and a full bath. The units on the main level have direct access to the covered front porch, while the upper units have a secondary rear foyer with steps down to the front porch. This upstairs rear foyer also provides a great space for bicycles, etc. All of the units have their own HVAC units and are separately metered, and the owner pays for water/sewer. Tenants and their guests utilize the parking area in the back, and there is also a small patio area for grilling. There is a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained consistently rented throughout the seller's ownership; however, two of the units have recently been vacated, and the seller is planning to leave them empty to so they can be shown. Showings of the other occupied units will only be allowed once there is a binding agreement in place so as to minimize disruption to the tenants. Zoned RN 1-5, the property could also be used as an owner-occupied STVR or bed and breakfast with the proper permitting. Please call for more information or to schedule a showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Location

State TN

County Hamilton County

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Wood, Tile

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

View Y/N false

Roof Type Other

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Calvin Donaldson Elementary

Middle Schools Lookout Valley Middle / High School

High Schools Lookout Valley Middle / High School

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(520) 265-7485

maximumefforthomes@gmail.com

9041 Executive Park Dr, Knoxville, TN 37923-4603, USA

Learn More About LPT Realty

4411 Alabama Avenue Chattanooga, TN 37409