$256,667
$785,000
67.3%For more information regarding the value of a property, please contact us for a free consultation.
3627 6th AVE Chattanooga, TN 37407
2,560 SqFt
Key Details
Sold Price $256,667
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $100
Subdivision East End Land Co
MLS Listing ID 1350530
Sold Date 04/14/22
Originating Board Greater Chattanooga REALTORS®
Year Built 2007
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50.3X140
Property Description
Incredible opportunity to purchase three duplexes in East Lake with excellent rental income history. 3619, 3627 & 3635 6th Ave are neighboring two-story duplexes being sold as a package deal; all three were built in 2007 and feature 2,560 sqft and low maintenance brick and vinyl siding exteriors. All six units boast 3 bedrooms, 2 full bathrooms, living rooms, eat-in kitchens, a laundry room, and off-street parking. The duplexes are currently 100% occupied with a $5,875 GMI. Situated a few blocks away from two city parks and just off of Rossville Blvd, these duplexes are just minutes from downtown Chattanooga, popular Southside, St Elmo, Lookout Mountain, Rossville, and I-24 access. Since the properties are tenant occupied, showings can only be scheduled after an accepted letter of intent or accepted contract. **All offers will be reviewed at 5pm on Monday 2/28.**
Location
State TN
County Hamilton
Area 0.17
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Heat Source Central, Electric
Exterior
Parking Features Off Street
Garage Description Off Street
Utilities Available Sewer Connected
Roof Type Shingle
Garage No
Building
Lot Description Level
Faces Heading S on Rossville Blvd from downtown Chattanooga, turn Left onto E 37th St. Continue on E 37th St (after the intersection with Clio Ave) then turn Left onto 6th Ave. The duplex is on the Left.
Story Two
Foundation Slab
Water Public
Structure Type Brick,Other
Schools
Elementary Schools Clifton Hills Elementary
Middle Schools East Lake Academy Of Fine Arts
High Schools Howard School Of Academics & Tech
Others
Senior Community No
Tax ID 168b G 017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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