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5424 Connell ST East Ridge, TN 37412
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Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,108 sqft
Price per Sqft $141
Subdivision Snyders
MLS Listing ID 1392971
Sold Date 07/02/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1945
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 151 x 157
Property Description
UNIQUE MULTI-UNIT PROPERTY WITH COURTYARD, POOL, AND FULLY FURNISHED IN EAST RIDGE, TN
This exceptional investment opportunity features a charming courtyard, an above-ground pool with built in deck surround, ample parking spaces and additional storage space.
Property Highlights:
--Unit 1: A spacious apartment with 2 bedrooms, 1.5 baths, a loft, a living room, a kitchen, a laundry room, and a dining room/sunroom that overlooks the above-ground pool deck.
--Unit 2: A cozy apartment with 1 bedroom, 1 bath, an eat-in kitchen, a living room, and laundry hookups.
--Unit 3: An efficiency unit with a kitchenette and a full bath, offering a view of the above-ground pool deck.
--Unit 4: Another efficiency unit with a kitchenette and a full bath.
Each unit is being sold fully furnished, making this property move-in ready for tenants or perfect for short-term rentals.
Outdoor Amenities:
--A well-maintained above-ground pool
--A fenced courtyard area
--A covered cabana area
--Multiple covered carport parking spaces
--A long, wide driveway providing additional parking options
--Exterior storage building
Seller estimates property has rental income potential of over $5000/month. Convenient location to shopping, restaurants, and interstate access--literally 8 minutes to N GA (Fort Oglethorpe area), Downtown Chattanooga, & Hamilton Place Mall areas. **Property being sold as-is** **Currently zoned R1 Single Family--Seller and family previously owner occupied**
Don't miss your chance to take advantage of a fantastic investment opportunity to create a stream of passive income. Call for a showing today.
Location
State TN
County Hamilton
Area 0.54
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen, Open Floorplan, Storage
Heating Central, Electric
Cooling Central Air, Electric
Flooring Luxury Vinyl, Plank
Fireplace No
Heat Source Central, Electric
Exterior
Exterior Feature Storage
Garage Kitchen Level, Off Street
Carport Spaces 3
Garage Description Kitchen Level, Off Street
Pool Community
Utilities Available Cable Available, Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Garage No
Building
Lot Description Level
Faces I-75 South to Exit 1 for East Ridge/Ringgold Road, Right onto Ringgold Road, Right onto West End Ave. Left onto Connell St. Property on corner of West End Ave and Connell St. SOP.
Story One and One Half
Water Public
Structure Type Other
Schools
Elementary Schools Spring Creek Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 169g N 007
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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