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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
Sale Pending
Last Updated
August 13, 2018
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
  • Real Estate Partners Chattanooga LLC
  • 807 Cherry Street
    Chattanooga, TN 37402


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

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: Red Bank High School,Red Bank Elementary,Red Bank Middle, Red Bank Middle,Red Bank Elementary,Red Bank High School, Property Type, Red Bank High School,Red Bank Middle,Red Bank Elementary. 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.