$550,000
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2583 Highpoint Drive Chattanooga, TN 37415
Single Family
Residence
5
Beds
3
Baths
2,948
Sq. Ft.
0.83
Acre
Lot
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Priced BELOW APPRAISED value! Situated at the end of a quiet side street just off Altamont Road, this income-producing property offers two homes on a spacious 0.83-acre lot—great for investors or multi-generational living. Conveniently located between Hixson Pike and Dayton Blvd, this home provides ...easy access to Northshore's amenities & is less than 10 minutes from downtown Chattanooga. The primary home, offering 1,758 sq ft, includes 3 bedrooms, 2 bathrooms, & a bonus room. Updated with modern touches, it features new LVP flooring (2022), fresh paint (2022 & 2024), updated light fixtures in the living room, dining room, & hallway bathroom, along with a redone fireplace. The kitchen is complete with a new refrigerator, microwave, stove, disherwasher, & countertops (2022). Additional improvements include almost all new windows (2022), a new vanity in the hallway bathroom, as well as a new shower insert, faucet, & showerhead in the primary bathroom (2024). For added peace of mind, the home received a new hot water heater (2024) & a vapor barrier in the crawlspace (2024). The backyard is enclosed by a new wooden fence with a gate for enclosed parking (2022). The accessory dwelling unit (ADU- 1,190 sq ft) is a standout feature, providing immense investment potential & flexibility. This 2-bedroom, 1-bathroom unit boasts a new roof (November 2023), new countertops and cabinets (2022), a remodeled bathroom with a new vanity (2022), & a new stove (2023). It also features a full-sized laundry room, its own driveway/parking area, & a quaint front porch. Whether used as a rental property, guest house, or private home office, the ADU adds incredible value and potential. Eligible for Fannie Mae & Freddie Mac financing for homes with ADUs/DADUs, this property offers both investment potential & the perfect setup for extended family living. Don't miss this rare opportunity! Info is deemed reliable but not guaranteed.
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MLS#
1500906
Property Type
Single Family
Bedrooms
5
Bathrooms
Year Built
1920
Square Feet
2,948
sq. ft
Price per Sq. Ft.
$186.57
Lot Size
0.83
Sewer
Sewer Connected, Public Sewer
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