$685,000
$695,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
14 Laurel LN Chattanooga, TN 37412
3,185 SqFt
Key Details
Sold Price $685,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,185 sqft
Price per Sqft $215
MLS Listing ID 1383724
Sold Date 02/22/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1950
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 115X205.2
Property Description
This 6 unit multi-family is located just minutes from downtown Chattanooga and I-24 and I-75, making it convenient for those who work anywhere in Chattanooga or North Georgia. Historical Missionary Ridge location with beautiful trees surrounding the property.
The entire property has been renovated and includes new flooring, cabinetry, counter tops, stainless steel refrigerators, stoves, split units in each unit, renovated full bathrooms, roof, electrical, plumbing, new fixtures and lighting. New handrails and fencing have also been installed.
(4) 1 bedroom/ 1 bath units
(2) 1 bedoom + loft/ 1 bath units offering flex 2nd bedroom, home office or living space.
Two furnished units have been used as short term rentals.
Property features a small communal yard and off street parking for 8 cars.
Income $6500/month.
Excellent Opportunity!
Location
State TN
County Hamilton
Area 0.42
Rooms
Basement Crawl Space
Interior
Interior Features Open Floorplan
Heating Electric
Cooling Electric
Fireplace No
Heat Source Electric
Exterior
Garage Off Street
Garage Description Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Garage No
Building
Lot Description Level, Sloped
Faces From Main Street, turn right onto S. Seminole, turn right on Sheridan road, veering left to remain on Sheridan Rd. Turn right onto Sherwood, turn left onto Laurel Lane.
Story Three Or More
Water Public
Structure Type Other
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 156e A 006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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