1113 Mcbrien Rd

    Chattanooga, TN 37412
    • $270,000
    • STATUS: Active Under Contract
    • ON SITE: 12 days
    • MLS #: 1307608
    Under Contract
    UPDATED: 73 min ago
    $270,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,692
      SQFT
    • $58
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Attention investors! This East Ridge Quadplex provides will provide $3100 or more in Gross Monthly Rents. Current rents are $695, $715 $850, and one vacant side. The HUD Fair Market Rent for 2 Bedrooms in 37412 is $870 and $1330 for the 3 Bedroom which allows potential to increase GMR to $3940. The property is also professionally managed by a property management company. Since the property is tenant occupied the seller requires an accepted offer with a contingency to view. Call for questions and offers. Four properties are adjacent to each other with a total of 10 units and can be purchased separately or together. Seller to consider an as-is sale with seller financing at 25% down.

    Monthly Payment Calculator



    © 2019 Chattanooga Association of REALTORS®. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. The site does not contain all listings available through the MLS. Grace Frank Group | Real Estate Partners Chattanooga does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Grace Frank Group | Real Estate Partners Chattanooga. This site was last updated on 2019-10-16T17:08:48.923.
    www.gracefrankgroup.com/homes/99569706

    1113 Mcbrien Rd Chattanooga, TN 37412

    • Price: $270,000
    • Status: Active Under Contract
    • Updated: 73 min ago
    • MLS #: 1307608
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    4,692
    SQFT
    $58
    $/SQFT
    1972
    Built
    Neighborhood:
    Shady Grove Addn
    County:
    Hamilton
    Area:
    Chattanooga
    Elementary School:
    East Ridge Elementary
    Middle School:
    East Ridge Middle
    High School:
    East Ridge High
    Property Description
    Attention investors! This East Ridge Quadplex provides will provide $3100 or more in Gross Monthly Rents. Current rents are $695, $715 $850, and one vacant side. The HUD Fair Market Rent for 2 Bedrooms in 37412 is $870 and $1330 for the 3 Bedroom which allows potential to increase GMR to $3940. The property is also professionally managed by a property management company. Since the property is tenant occupied the seller requires an accepted offer with a contingency to view. Call for questions and offers. Four properties are adjacent to each other with a total of 10 units and can be purchased separately or together. Seller to consider an as-is sale with seller financing at 25% down.
    Exterior Features

    Exterior Siding Garage Parking Off Street Parking Lot Description Flood Ins May Be ReqLevel Lot Size Dimensions 100X300 Roof Shingle

    Interior Features

    Basement Crawl Space Cooling CentralElectric Description 2 Level Heating CentralElectric Unit Four Bedrooms 3 Unit Four Features 1.5 Baths3 BedroomsEat-In KitchenLiving RoomMicrowaveOven/Range Unit One Bedrooms 2 Unit One Features 1.5 Baths2 BedroomsEat-In KitchenKitchenLiving RoomOven/RangeRefrigerator Unit One Full Baths 1 Unit One Half Baths 1 Unit Three Features 1.5 Baths2+ BathsEat-In KitchenLiving RoomMicrowaveOven/RangeRefrigerator Unit Three Full Baths 1 Unit Three Half Baths 1 Unit Two Bedrooms 2 Unit Two Features 1.5 Baths2 BedroomsEat-In KitchenOven/RangeRefrigerator Unit Two Full Baths 1 Unit Two Half Baths 1

    Property Features

    Community Features None Existing Financing Private Financing CashConventional Gross Monthly Rent 2260.00 Home Warranty No Owner Pays None Possession Day Of ClosingTenant Rights Property Sub Type Quad Taxes 3755.05 Tenant Pays ElectricSewerWater Type Of Sale Investor Unit Four Unit Number D Unit One Unit Number A Unit Three Unit Number C Unit Two Unit Number B Water Sewer On SewerPublic Water

    Listing information © 2019 The Multiple Listing Service of Chattanooga, Inc.
    Listing courtesy of Keller Williams Realty.



    © 2019 Chattanooga Association of REALTORS®. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. The site does not contain all listings available through the MLS. Grace Frank Group | Real Estate Partners Chattanooga does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Grace Frank Group | Real Estate Partners Chattanooga. This site was last updated on 2019-10-16T17:08:48.923.
     
    Grace Frank Group | Real Estate Partners Chattanooga
    525 W Main Street
    Chattanooga TN, 37402