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Key Details
Sold Price $430,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,465 sqft
Price per Sqft $124
Subdivision Carr
MLS Listing ID 2712367
Sold Date 03/11/24
HOA Y/N No
Year Built 1957
Annual Tax Amount $4,098
Lot Dimensions 260X219.5
Property Description
: Incredible opportunity to own a TRIPILEX (could easily be made a QUADRUPLEX or possibly more?) in the HEART of Signal Mountain zoned for award winning Signal Mountain schools including Thrasher Elementary. This has been a used as a multi-generational family home, but is perfect as a 3 unit rental OR an owner/occupied AIRBNB / VRBO / STVR or even a WORK / LIVE situation. Tons of earning potential & possibilities. EACH UNIT IS INDIVIDUALLY METERED FOR ELECTRIC and water is one meter. AS IT SITS, for long term rentals, rents could be approx $3800 - $4300/month. As an owner occupied AIRBNB or a mix, the possibilities are endless depending on how you divide it or which one you reside in. Add on or separate the finished basement and easily add more income. With just under 1.5 Acres of land, it's possible to add onto the existing home or add an ADU with proper permits. This ''home'' is a one of a kind investors dream. Brick exterior, gorgeous hardwoods, cool original tile, lots of outdoor living, parking for 10+ cars, an RV, storage galore, lots of land, WALKABILITY to everything ''Signal Mountain'' including shops, restaurants, grocery store, doctors offices and even tennis courts and pools. *** Information is deemed reliable but not guaranteed. Buyer to verify any and all info they deem important. Anny rent estimates are estimates based on comps and nothing more - please do your own research ***
Location
State TN
County Hamilton County
Interior
Heating Baseboard, Central, Electric, Oil, Propane
Cooling Central Air, Electric, Wall/Window Unit(s)
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type Other,Brick
New Construction false
Schools
Elementary Schools Thrasher Elementary School
Middle Schools Signal Mountain Middle/High School
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Josh Nottingham
Agent | License ID: TN - 375410 CA - 01295227
Agent License ID: TN - 375410 CA - 01295227