407 Colville ST Active

Chattanooga,TN 37405

$ 595000

- Bed

0 Bath

2218 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,218 sqft

Price per Sqft $268

Subdivision Colvilles Addn

MLS Listing ID 1521911

Year Built 1920

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50X137.4

Property Sub-Type Multi Family

Source Greater Chattanooga REALTORS®

Property Description

Priced below recent appraised value! Amazing opportunity to own income producing property with instant equity in the heart of Chattanooga's Northshore. Keep all 3 units rented, move into the large main floor 3 bedroom/1 bath unit, or renovate into a grand single family residence. This prime location is across from a community park with playground and tennis, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery and entertainment. Set in a lovely neighborhood, in a good school district, with sidewalks and mature landscaping, just across from tennis and a playground, this location can not be beat! Selling as part of a 1031 exchange, with existing tenants.

Location

State TN

County Hamilton

Area 0.16

Interior

Interior Features Eat-in Kitchen,Laminate Counters,Primary Downstairs,Storage,Tub/shower Combo

Heating Central,Electric,Separate Meters

Cooling Ceiling Fan(s),Central Air,Varies by Unit

Flooring Hardwood,Laminate,Luxury Vinyl

Inclusions Washer and Dryer in units A and C.

Equipment None

Fireplace No

Window Features Blinds,Drapes,Insulated Windows

Appliance Washer/Dryer,Washer,Stainless Steel Appliance(s),Refrigerator,Microwave,Free-Standing Refrigerator,Free-Standing Range,Electric Range,Electric Oven,Dryer,Dishwasher

Heat Source Central,Electric,Separate Meters

Laundry In Kitchen,Multiple Locations

Exterior

Exterior Feature Private Entrance

Parking Features Off Street,On Street

Garage Description Off Street, On Street

Pool None

Community Features None

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Metal

Porch Covered,Deck,Front Porch,Porch - Covered

Garage No

Building

Lot Description Back Yard,Front Yard,Level,Open Lot,Private

Faces From Market St/8 and Frazier Ave go East on Frazier Ave and turn L (North) on Forest Ave. Travel approx. 1/2 a mile to R (East) on Colville. The property is on your left.

Story Two

Foundation Block

Sewer Public Sewer

Water Public

Additional Building None

Structure Type Block,Concrete,Vinyl Siding

Schools

Elementary Schools Normal Park Elementary

Middle Schools Normal Park Upper

High Schools Red Bank High School

Others

Senior Community No

Tax ID 135d J 024

Security Features Smoke Detector(s)

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Investor

Pets Allowed No

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