2 S Crest Road, Chattanooga, TN 37404

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

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List Price
$209,900
Status
ACTIVE
MLS#
1540734
Bedrooms
6
Bathrooms
7
Living Area
2,556
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

Exterior Features
None
Interior Features
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
Heating
Electric
Cooling
Central Air, Ceiling Fan(s), Electric, Multi Units
Sewer
Public Sewer
Water
Public
Elementary School
East Ridge Elementary
Middle School
Dalewood Middle
High School
Brainerd High

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Angela Fowler Real Estate, LLC.