Chattanooga, TN 37404,2005 Mccallie Avenue
Chattanooga, TN 37404,2005 Mccallie Avenue
Chattanooga, TN 37404,2005 Mccallie Avenue
Chattanooga, TN 37404,2005 Mccallie Avenue
Chattanooga, TN 37404,2005 Mccallie Avenue
Chattanooga, TN 37404,2005 Mccallie Avenue
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Listed by Grace Frank • Real Estate Partners Chattanooga, LLC

$650,000

$625,000

4.0%
Est.Price: ?

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Est. payment /mo

4,100 SqFt


SOLD DATE : 11/19/2020

Key Details

Sold Price $650,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $158

Subdivision Orchard Knob

MLS Listing ID 2419639

Sold Date 11/19/20

HOA Y/N No

Year Built 2019

Annual Tax Amount $407

Lot Dimensions 50X130

Property Description

Incredible downtown new construction investment opportunity! This 6 unit apartment building is situated in a great rental area off of McCallie Ave, close to Parkridge, and just minutes from UTC, Erlanger, and other downtown businesses. The building features four 1 bedroom units, and two 2 bedroom units, each complete with a kitchen, living space, washer/dryer hookups, full bath, and durable flooring. The 1 bedroom units are approximately 504 square feet, while the 2 bedroom units are approximately 792 square feet. With all units occupied, the potential GMI is $6,500. The building will have off street parking behind the building for tenants. Estimated completion early 2020. Don't miss this incredible opportunity. Call for your private showing today!

Location

State TN

County Hamilton County

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

Waterfront false

View Y/N false

Roof Type Other

Parking Type Detached

Private Pool false

Building

Story 2

Water Public

Structure Type Fiber Cement

New Construction true

Schools

Elementary Schools Orchard Knob Elementary School

Middle Schools Orchard Knob Middle School

High Schools Brainerd High School

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131 Saundersville Rd, Suite 130, Hendersonville, TN, 37075, United States

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