1205 Duncan Avenue, Chattanooga, TN 37404

$120,000

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List Price
$120,000
Status
ACTIVE
MLS#
1544189
Subdivision
Cook & Hutchesons

Property Description

TWO ADJOINING LEVEL LOTS MINUTES FROM DOWNTOWN CHATTANOOGA Excellent urban infill opportunity at 1203 & 1205 Duncan Avenue in Chattanooga. These two adjoining, level parcels each measure approximately 47' × 135' (6,345 SF), providing approximately 94 feet of combined frontage and 12,690 SF when purchased together. Offered individually at $120,000 each or $240,000 for both, the properties present an attractive opportunity for builders, developers and investors looking for well-positioned land close to downtown. Purchase individually for potential construction of two separate single-family residences, or acquire both parcels and explore the possibilities created by the larger combined footprint. With numerous multifamily properties in the surrounding area, buyers and developers may also wish to investigate the potential for rezoning or a higher-density residential project, subject to zoning, rezoning, permitting and governmental approval. The location is exceptional. The properties sit directly behind Mad Priest Coffee Roasters and are convenient to Warner Park, tennis courts, ball fields and the Chattanooga Zoo. Erlanger's downtown medical campus, UTC, the MLK district and downtown Chattanooga are all just minutes away. Restaurants, breweries, entertainment, shopping, parks, medical facilities, employment centers and everything downtown Chattanooga has to offer are within easy reach, making this an intriguing location for new residential construction or a potential investment development. 1203 Duncan Avenue | 47' × 135' | $120,000 1205 Duncan Avenue | 47' × 135' | $120,000 Purchase Both | Approx. 94' × 135' | 12,690 SF | $240,000 Two adjoining, flat parcels this close to downtown create options that are increasingly difficult to find. Build one, build two, or explore the potential of developing the properties together. Buyer to independently verify zoning, permitted uses, utilities, lot dimensions, setbacks, density, development requirements and all information deemed important to buyer.

Additional Information

Exterior Features
None
Sewer
Public Sewer
Water
Public
Elementary School
Orchard Knob Elementary
Middle School
Orchard Knob Middle
High School
Howard School Of Academics & Tech

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Listing courtesy of REAL Broker.