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549 Crest DR Chattanooga, TN 37404
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Key Details
Sold Price $795,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,420 sqft
Price per Sqft $179
Subdivision Missionary Ridge
MLS Listing ID 1395037
Sold Date 11/06/24
Originating Board Greater Chattanooga REALTORS®
Year Built 1921
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 90x121.5
Property Description
Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge. Property is being sold fully furnished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings, and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain.
Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-existent. The property is currently fully occupied and grossing $6800/mo.
Unit mix consists of three-1 bedroom apartments, and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets, and master suites.
Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.
Location
State TN
County Hamilton
Area 0.25
Rooms
Basement Cellar
Interior
Interior Features Eat-in Kitchen, Open Floorplan
Heating Central
Cooling Central Air
Fireplace Yes
Heat Source Central
Exterior
Garage Off Street
Garage Description Off Street
Community Features None
Utilities Available Sewer Connected
View Other
Roof Type Shingle
Porch Deck, Patio
Parking Type Off Street
Garage No
Building
Lot Description Brow Lot
Faces From 24: 1) Head south on Westside Dr. 2)Turn right onto S Crest. 3)Property on right.
Story Two
Water Public
Structure Type Aluminum Siding,Fiber Cement,Stone
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 168j T 014
Acceptable Financing Cash, Conventional, FHA, Owner May Carry
Listing Terms Cash, Conventional, FHA, Owner May Carry
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