Chattanooga, TN 37405,714 Merriam Street
Chattanooga, TN 37405,714 Merriam Street
Chattanooga, TN 37405,714 Merriam Street
Chattanooga, TN 37405,714 Merriam Street
Chattanooga, TN 37405,714 Merriam Street
Chattanooga, TN 37405,714 Merriam Street
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Listed by Sara Nausley • Coldwell Banker Pryor Realty Inc.

$375,000

$375,000

Est.Price: ?

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Est. payment /mo

1,344 SqFt


SOLD DATE : 11/28/2023

Key Details

Sold Price $375,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $279

Subdivision North Chatt Land Co

MLS Listing ID 2741630

Sold Date 11/28/23

HOA Y/N No

Year Built 1960

Annual Tax Amount $1,794

Lot Dimensions 50X169.2

Property Description

Opportunity is knocking! This well-maintained, duplex is within walking distance to the Northshore, downtown, restaurants, shopping, gyms, parks, and hiking trails. All of these amenities are just moments away from this quiet, peaceful street. Both units are spacious with ample storage. Each unit has one bedroom, one bath, off street parking, and access to the large, fenced, and flat back yard. Alley access in the back could add more parking. A large storage building in the back allows for all toys and tools to be neatly stored away. The electrical and plumbing have been updated. Kitchens, bathrooms, flooring, insulated windows, and 35-year roof have been updated in recent years. Average rent rates for a one bedroom/one bath in the area are $1200, pulling $2400 for both units. 30 day furnished rental rates vary from $1800-$2000/mo. Units do not share utilities. Have your mortgage paid when you live in one side and short-term rent the other. With so many options, this opportunity will not last long.

Location

State TN

County Hamilton County

Interior

Heating Electric

Cooling Electric

Fireplace N

Exterior

Utilities Available Electricity Available

Waterfront false

View Y/N false

Roof Type Other

Private Pool false

Building

Story 1

Structure Type Other

New Construction false

Schools

Elementary Schools Red Bank Elementary School

Middle Schools Red Bank Middle School

High Schools Red Bank High School

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