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Christina Lanning

tnky@sellhomeswithchristina.com +1(910) 545-1442

Listed by Jason Evans • The Agency Chattanooga

$ 315,000

Est. payment | -/mo

1,876 SqFt

Save

$ 315,000

Est. payment | -/mo

Save

1,876 SqFt

OPEN HOUSE

Sat May 31, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,876 sqft

Price per Sqft $167

Subdivision Gillespe Terr

MLS Listing ID 2887063

HOA Y/N No

Year Built 1966

Annual Tax Amount $2,443

Lot Dimensions 61 x 178

Property Description

Discover a one of a kind updated duplex in a quiet single-family neighborhood, distinct from typical duplex communities. Great location will yield high rents with lower turnover. Each spacious unit has a potential rent of ($1,400/mo) features numerous upgrades, including newer windows, electrical panel, gutters, garage door openers, central heating and air (side A), and stainless steel appliances in modernized kitchens. Standout features in each unit include spacious laundry rooms, dishwashers, ample storage, new LVP/Carpet flooring, updated landscaping, architectural roof shingles, designated parking spots, well-insulated walls between units, and a large front porch with pergola. Situated on a .25-acre gradual sloping lot with additional rear road frontage—potential of a second lot—unique to this property is the expansive unfinished basement/utility garage, which presents endless possibilities—finish it for additional living space, convert it into a two-car garage, or use it for storage. This property is perfect for investors seeking strong rental income and ideal for an owner-occupant looking to live in one unit and lease the other. Located in a low-traffic, walkable neighborhood with excellent resale value, this property combines unbeatable condition and prime positioning.

Location

State TN

County Hamilton County

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Tile, Other

Fireplace N

Exterior

Garage Spaces 2.0

Utilities Available Water Available

Amenities Available Sidewalks

View Y/N false

Roof Type Other

Private Pool false

Building

Sewer Public Sewer

Water Public

Structure Type Other,Brick

New Construction false

Schools

Elementary Schools Barger Academy Of Fine Arts

Middle Schools Brown Middle School

High Schools Brainerd High School

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(910) 545-1442

tnky@sellhomeswithchristina.com

9041 Executive Park Dr. Ste 250 Knoxville, TN 37923, USA

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4107 Cherryton Drive Chattanooga, TN 37411