506 Hargraves AVE, Chattanooga, TN 37411
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506 Hargraves AVE, Chattanooga, TN 37411
506 Hargraves AVE, Chattanooga, TN 37411
506 Hargraves AVE, Chattanooga, TN 37411
506 Hargraves AVE, Chattanooga, TN 37411
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506 Hargraves AVE Chattanooga, TN 37411

1,378 SqFt


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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,378 sqft

Price per Sqft $185

Subdivision Shawnee Park

MLS Listing ID 1533085

Style Contemporary

Year Built 1950

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 80X163

Property Sub-Type Duplex

Source Greater Chattanooga REALTORS®

Property Description

Fully occupied duplex generating $1,900/month in rental income. Each unit features 2 bedrooms, 1 bath, and washer/dryer hookups. Strong cash-flow potential with stable tenants already in place. Ideal opportunity for investors seeking immediate income-producing property in a growing Chattanooga market. Property has been meticulously maintained with little to no deferred maintenance. Central HVAC installed 2019 as well as several new vinyl windows and new carpet in 2019. Property sits on a level lot on a quiet street with a shared fenced in back yard. Both sides are occupied at $950/month each with leases in place and long time tenants. *Do not disturb Tenants* *will show only w/ LOI or Bound Sale Agreement)

Location

State TN

County Hamilton

Area 0.3

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Entrance Foyer, Pantry, Tub/shower Combo

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Inclusions Refrigerators in each unit

Equipment None

Fireplace No

Window Features Insulated Windows

Appliance Free-Standing Refrigerator, Electric Range

Heat Source Central, Electric

Laundry In Kitchen, Inside

Exterior

Exterior Feature None

Parking Features Concrete, Driveway, Gravel, Off Street, Other

Garage Description Concrete, Driveway, Gravel, Off Street, Other

Pool None

Community Features None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt,Shingle

Porch Covered, Porch - Covered

Garage No

Building

Lot Description Gentle Sloping, Level, Sloped Down

Faces Turn right onto Rogers Rd near the intersection of N Germantown Rd and Brainerd Rd. Slight left onto Vaughn Rd. Property is the second on the right.

Story One

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Structure Type Other

Schools

Elementary Schools Woodmore Elementary

Middle Schools Dalewood Middle

High Schools Brainerd High

Others

Senior Community No

Tax ID 147o Q 020

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Investor


Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Real Estate Partners Chattanooga LLC

Nearby Locations

Eddie Bodkin

Eddie Bodkin

Agent

+1(423) 398-3333

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506 Hargraves AVE