Skip To Content

5904 Graston Ave

Chattanooga, TN 37412
  • $205,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 1359867
New On Site 3 Days Ago
UPDATED: 64 min ago
$205,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,490
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Do not miss the opportunity to own an excellent investment property in one of the fastest-growing areas in Chattanooga, just 10 minutes from downtown. Whether you are a seasoned investor looking to expand your portfolio or this will be your first property all the boxes are checked with this duplex. This is a one-level duplex with 2 bedrooms and 1 bathroom on each side and boasts a flat-level yard. This is the low-maintenance property people are looking for with these key features:-New metal roof replaced just last year, 2021.-2017 New HVAC system-2017 New siding and windows-2017 New appliances and water heater-2017 New kitchen cabinets and countertops-2017 Newly remodeled bathrooms-2017 New flooring-2017 Electrical upgrade and new switch box-2017 New light fixtures, switches, and receptacles.-2017 New gutters-Upgraded plumbing and other misc. things that were done.Both sides are currently occupied at $700 per month with long-term tenants but they are currently month-to-month with no leases in place. The current market rent for the area should be $850 - $950 + dollars with rental rates continuing to increase.Current flood insurance premium is $655 per year with Neptune Flood.

Monthly Payment Calculator



[Chattanooga Association of Realtors data share logo] logo
www.theedringtonteam.com/homes/131539163
Print Image

5904 Graston Ave Chattanooga, TN 37412

  • Price: $205,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 64 min ago
  • MLS #: 1359867
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1,490
SQFT
$138
$/SQFT
1971
Built
Neighborhood:
Del Rey Park
County:
Hamilton
Area:
Chattanooga
Elementary School:
Spring Creek Elementary
Middle School:
East Ridge Middle
High School:
East Ridge High
Property Description
Do not miss the opportunity to own an excellent investment property in one of the fastest-growing areas in Chattanooga, just 10 minutes from downtown. Whether you are a seasoned investor looking to expand your portfolio or this will be your first property all the boxes are checked with this duplex. This is a one-level duplex with 2 bedrooms and 1 bathroom on each side and boasts a flat-level yard. This is the low-maintenance property people are looking for with these key features:-New metal roof replaced just last year, 2021.-2017 New HVAC system-2017 New siding and windows-2017 New appliances and water heater-2017 New kitchen cabinets and countertops-2017 Newly remodeled bathrooms-2017 New flooring-2017 Electrical upgrade and new switch box-2017 New light fixtures, switches, and receptacles.-2017 New gutters-Upgraded plumbing and other misc. things that were done.Both sides are currently occupied at $700 per month with long-term tenants but they are currently month-to-month with no leases in place. The current market rent for the area should be $850 - $950 + dollars with rental rates continuing to increase.Current flood insurance premium is $655 per year with Neptune Flood.
Exterior Features

Exterior BrickSiding Garage Parking Main LevelOff Street Parking Lot Description Flood Ins May Be ReqLevel Lot Size Dimensions 50X125 Roof Metal

Interior Features

Basement Crawl Space Cooling CentralElectric Description 1 Level Heating CentralElectric Unit One Bedrooms 2 Unit One Features 1 Bath2 BedroomsDeck/PatioEat-In KitchenKitchenLaundry HookupLiving RoomOven/RangeRefrigeratorStorage Unit One Full Baths 1 Unit One Half Baths 0 Unit Two Bedrooms 2 Unit Two Features 1 Bath2 BedroomsDeck/PatioEat-In KitchenKitchenLaundry HookupLiving RoomOven/RangeRefrigeratorStorage Unit Two Full Baths 1 Unit Two Half Baths 0

Property Features

Community Features None Existing Financing Conventional Financing CashConventional Gross Monthly Rent 1400.00 Home Warranty No Owner Pays None Possession Day Of Closing Property Sub Type Duplex Senior Community YN No Taxes 1958.43 Tenant Pays All Utilities Type Of Sale Investor Unit One Unit Number A Unit Two Unit Number B Water Sewer On SewerPublic Water

[Chattanooga Association of Realtors data share logo] logo
Listing information © 2022 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Exp Realty, Llc.



[Chattanooga Association of Realtors data share logo] logo
 
https://bt-photos.global.ssl.fastly.net/chattanooga/orig_boomver_1_1359867-2.jpg https://bt-photos.global.ssl.fastly.net/chattanooga/orig_boomver_1_1359867-2.jpg https://bt-photos.global.ssl.fastly.net/chattanooga/orig_boomver_1_1359867-2.jpg
Logo
Berkshire Hathaway HomeServices J Douglas Properties
100 Tremont St
Chattanooga TN, 37405