314 E View Drive, Chattanooga, TN 37404
- $685,000
- 7
- BD
- 4
- BA
- 3,436
- SqFt
- List Price
- $685,000
- Status
- ACTIVE
- MLS#
- 1542313
- Style
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Living Area
- 3,436
- Subdivision
- Scruggs
Property Description
314 E View Drive presents a rare opportunity to acquire a fully rebuilt four-unit multifamily property with additional development potential. Comprehensive renovations were completed from the studs, combining modern finishes with updated structural and mechanical systems. Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer. Electric and water utilities are separately metered, helping simplify property management and expense allocation. The property is also equipped with a full fire sprinkler system and fire hydrant, providing added safety and long-term risk mitigation. Investment Highlights: Delivered vacant, allowing the buyer to control tenant selection, lease terms, and rental rates Unit mix includes three two-bedroom residences and one one-bedroom residence. Separately metered electric and water utilities Extensive renovations reduce anticipated near-term capital expenditures Oversized R-3-zoned lot may offer future development or accessory-income potential, subject to buyer verification
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Additional Information
- Interior Features
- Split Bedrooms, Breakfast Bar, Granite Counters
- Roof
- Asphalt, Shingle
- Floors
- Luxury Vinyl
- Heating
- Central, Ductless, Electric, Varies by Unit
- Cooling
- Central Air, Ductless, Electric, Multi Units, Varies by Unit
- Sewer
- Public Sewer
- Water
- Public
- Elementary School
- East Ridge Elementary
- Middle School
- East Ridge Middle
- High School
- East Ridge High
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Listing courtesy of Real Estate Partners Chattanooga LLC.