5542 Clemons Road, Chattanooga, TN 37412

$687,739
8
BD
8
BA
4,876
SqFt

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List Price
$687,739
Status
ACTIVE
MLS#
1540428
Style
Ranch
Bedrooms
8
Bathrooms
8
Living Area
4,876

Property Description

Great Investment Opportunity!!! Renovated Quadruplex with attached garage and work shop. Separate 40 x 40 12'H garage. Owner used workshop and garages for personal use. Units leased for 1,200 mo. in 2025. Three units vacant, one occupied w/tenant rights. Renovations: New carpet in bedrooms (existing ceramic floors in common areas) One unit has new LVP flooring throughout. Fresh paint in all units. New interior doors in all units. New appliances, kitchen base cabinets, counter tops and fixtures. Bathrooms have new sinks and vanities, toilets and tub/shower combo's. One unit has glass enclosed shower. Property sits on 1.3 acres. Newly paved right-away to spacious parking area. Huge yard with mature trees next to a creek. This one level Quad truly has the home like feel. With the renovations, workshop and garages, you set your income!!

Additional Information

Exterior Features
Awning(s), Private Yard, Rain Gutters
Interior Features
Separate Shower, Tub/shower Combo, En Suite, Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Open Floorplan, See Remarks, Wired for Data
Roof
Rubber, Shingle
Floors
Carpet, Ceramic Tile, Luxury Vinyl
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric, Multi Units
Sewer
Public Sewer
Water
Public
Elementary School
Spring Creek Elementary
Middle School
East Ridge Middle
High School
East Ridge High

Mortgage Calculator

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Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Crye-Leike, REALTORS.