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Chattanooga
$60,000

Chattanooga

1,560 Sq.Ft. 8,276.4 Sq.Ft.

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Description

This multifamily investment at 414A Booth Rd, Chattanooga, TN 37411 offers two units and a unfinished walk-in basement with the possibility of build-out potential. The front unit features 3 bedrooms and 2 full bathrooms, while the back unit includes 1 bedroom and 1 bath, making it ideal for dual income or flexible rental strategies. The large basement may be able to be converted into additional living space, potentially with interior access, increasing the property's value and cash flow.

There is value-add potential here; the units need work, but with renovation and creative development (especially in the basement), an investor may significantly enhance returns.
This is not a turnkey property, but rather a project-ready investment that could diversify or grow an existing portfolio. Schedule a tour today to assess the opportunity and envision how this duplex can become a core asset in your real estate strategy.

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Status

Sold

Property Amenities

Interior
Laundry room In Basement, In Unit
Area & Lot
Total area 1,560 Sq.Ft.
Lot Area 8,276.4 Sq.Ft.
Living area 1,560 Sq.Ft.
MLS® ID 1524257
Year Built 1940
High School Brainerd High
Middle School Dalewood Middle
Elementary School Woodmore Elementary
Type Multi-Family
Status Sold
Exterior
Air conditioning Multi Units, Window Unit(s)
Water Source Public
Sewer Public Sewer
Parking Off Street, On Street
Roof Shingle
Finance
Sales Price $60,000
Real Estate Tax $1,809 yearly

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Contact Details

TIM ADAMS

(423) 521-2911

[email protected]

 

 

7158 Lee Hwy
Chattanooga TN 37421