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507 Mountain Ridge Rd, Chattanooga, TN 37405

$140,000
4 BR , 2 full BA, 2 ½BA Multi Family MLS# 1261846 ID: 44402174
$140,000 Get Rates

Duplex - Chattanooga, TN
Three duplexes in a desirable rental area make this a great investment opportunity. 507, 517, and 523 Mountain Ridge Rd are contiguous to each other in a quiet Red Bank neighborhood. They offer expansive yards with privacy as well as quick access to downtown and Hixson. Total GMI for the 6 units is $4,150, and they are always 100% occupied. Letter of intent required prior to viewing the interior of the properties. All three can be purchased for $425,000.

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Location Information near 507 Mountain Ridge Rd
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Property Features for 507 Mountain Ridge Rd
Status
Market Status
Available
Last Updated
October 18, 2017
Description
Property Type
Multi Family
Year Built
1975
Bedrooms
4 BR
Baths
2 full BA; 2 ½BA
Stories
2.0
Sq. Feet
2,232

Appliances

  • Refrigerator
  • Oven

Building Features

  • Heating System: Fireplace
  • Roof: Composition Shingle
  • Stories: 2.0
  • Central Air
  • Heating Fuel: Electric

Exterior Features

  • Exterior Construction: Block; Brick
  • Parking: Off Street
  • Patio
  • Porch/Deck

Interior Features

  • Fireplace

Legal/Financial

  • Taxes: 1931.87

Listing Features

  • Property Type: MultiFamily; Duplex

Room Details

  • Additional Areas: Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Half Bath; Half Bath

Other Features

  • Red Bank Elementary,Red Bank High School,Red Bank Middle
  • Red Bank Elementary,Red Bank Middle,Red Bank High School
  • Red Bank High School,Red Bank Elementary,Red Bank Middle
  • Red Bank High School,Red Bank Middle,Red Bank Elementary
  • Red Bank Middle,Red Bank Elementary,Red Bank High School
  • Red Bank Middle,Red Bank High School,Red Bank Elementary

Data Provided by Greater Chattanooga Association of Realtors

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Grace Frank, Chattanooga Real Estate



Real Estate Partners Chattanooga LLC, Chattanooga TN


  • Phone: View Phone Number (423) 265-0088
  • Fax: View Phone Number (423) 265-0089
  • Website: Visit Office Website

Data Provided by:
Greater Chattanooga Association of Realtors


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More information about this $140,000 Multi Family at 507 Mountain Ridge Rd

This $140,000 Multi Family at 507 Mountain Ridge Rd in Chattanooga, TN is offered by Grace Frank. This $140,000 Multi Family, located in the 37405 zip code, has the following property features: Parking, Patio, Red Bank High School,Red Bank Middle,Red Bank Elementary, Oven. This 507 Mountain Ridge Rd Multi Family, located in Hamilton County , is listed under MLS listing number 1261846, has 4 beds, 4 baths, and has a listing price of $140,000. You can find more of Grace Frank's listings by browsing Grace Frank homes for sale at HomesAndLand.com, or even more CHATTANOOGA homes for sale here.