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Listing 6 out of 33
Sold for $157,500 Sold

508 Ely Rd
Hixson, TN 37343

2 units | Multi Family Home
12632 sq ft lot - MLS# 1298536
Property Photo

Sold

Sold for $157,500 on Aug 14, 2019

Description

Investors, here's the deal you've been looking for! 506 & 508 Ely Rd can be purchased together for a package price of $329, 900, and sit right next to each other in an excellent Hixson location. These all-brick duplexes have been well maintained and require minimal (if any) updates. Each unit features 2 bedrooms, 1.5 bathrooms and 1, 125 sqft, an eat-in kitchen, living room, washer/dryer hookups, synthetic hardwood flooring, and off-street parking. Both of the properties have had their roofs replaced in the last 7 years. They are currently 100% occupied with a GMI of $2, 955, but have rental upside. Situated in an easily rentable area, these duplexes are just minutes from Hixson shopping and dining as well as NorthShore and downtown Chattanooga. Call today for more information!

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex
  • Listing Status: Closed
  • Listing Price: $164,950
  • County/Area: Hamilton County
  • Zip Code: 37343
  • Year Built: 1972
  • Subdivision/Neighborhood: Coulters Addn
  • Elementary School: Alpine Crest Elementary
  • Middle School: Red Bank Middle
  • High School: Red Bank High School
  • Sq.Ft.: 2,250 sq ft
  • Units: 2 units
  • Basement: Slab
  • Lot Size: 12632 sq ft lot
  • # of Stories: 2.0
  • Cooling: Central, Electric
  • Description: 2 Level
  • Exterior: Partial Brick, Siding
  • Heating: Central, Electric
  • Lot Description: Sloping
  • Lot Dimensions: 78X182 IRR
  • Parking: Off Street Parking
  • Roof: Shingle
  • Taxes: 1841.41
  • Tenant Pays: Electric, Sewer, Water
  • Type of Sale: Investor
  • Unit 1 Features: 1.5 Baths, 2 Bedrooms, Deck/Patio, Kitchen, Laundry Hookup, Living Room, Oven/Range, Refrigerator
  • Unit 1: Bedrooms: 2
  • Unit 1: Full Baths: 1
  • Unit 1: Half Baths: 1
  • Unit 1: Unit #: A
  • Unit 2 Features: 1.5 Baths, 2 Bedrooms, Deck/Patio, Kitchen, Laundry Hookup, Living Room, Oven/Range, Refrigerator
  • Unit 2: Bedrooms: 2
  • Unit 2: Full Baths: 1
  • Unit 2: Half Baths: 1
  • Unit 2: Unit #: B
  • Water/Sewer: On Sewer, Public Water
  • Sold Date: 2019-08-14
  • Sold Price: 157500.00
Courtesy of Real Estate Partners Chattanooga, Llc

Premier Property Group Inc

David & Daniel Bissell

Premier Property Group Inc
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David:  423-284-6945
davids.dwellings@gmail.com
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Daniel:  423-505-4764
daniels.dwellings@gmail.com

 

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Premier Property Group Inc

Premier Property Group Inc  |  6148 Lee Hwy. Suite 333 Chattanooga, TN 37421 |  Office PH:  423-402-0259 | Office Website

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David Bissell  Cell:  423-284-6945  Email:  davids.dwellings@gmail.com  |  Daniel Bissell  Cell:  423-505-4764  Email:  daniels.dwellings@gmail.com                          
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