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520 S Holly St, Chattanooga, TN 37404

Beds
4
Baths
2
Sqft
1,596

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Listed by5H Realty Services, LLC
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Overview

Owner willing to break both duplexes out separately. New MLS listing to follow. THIS PROPERTY MUST BE PURCHASED AS RENTAL PACKAGE. ADDITIONAL MLS NUMBERS TO FOLLOW. PROPERTY WILL NOT BE SOLD INDUVIDUALLY. TOTAL PACKAGE PRICE IS $2,195,000. This package of homes includes 12 single family homes and 2 duplex units. Purchase this updated and cash flowing rental property to increase your monthly revenue stream and lock in potential tax advantages. Updates include but not limited to siding, roofing, windows, gutters and flooring. These units produce nearly $21,000 in monthly gross revenues. Leases in place with many long-term tenants. These units would be a great addition to any portfolio or great for new investor as they are currently rented, updated and ready for new ownership. No sign on property. Please do not disturb tenants. Subject to Tenant's Rights. Showings once fully executed Letter of Intent in place. Buyer to verify any and all information deemed essential. Properties all to be sold in As Is condition.

This unit was fully renovated in 2018 with updated electrical, baths, kitchens and more. Great location near UTC.

Total rent for both sides is $2525.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Number of bedrooms
4
Number of bathrooms
2
Square feet
1,596
Lot size (acres)
0.21
Year built
1960

Interior features

Basement
Yes
Laundry
In Unit, Laundry Closet

Utilities

Heating
Electric, Central
Cooling
Central Air, Electric
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount
$2,362.11

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Greater Chattanooga Realtors MLS®#: 1531005 Last checked:

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