Investment opportunity at the foot of Lookout Mountain in historic Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout, and the roof and gutters were replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and a full bath. The units on the main level have direct access to the covered front porch, while the upper units have a secondary rear foyer with steps down to the front porch. This upstairs rear foyer also provides a great space for bicycles, etc. All of the units have their own HVAC units and are separately metered, and the owner pays for water/sewer. Tenants and their guests utilize the parking area in the back and a small patio area for grilling. There is also a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained rented throughout the seller's ownership; however, one of the tenants recently moved out, and the seller is planning to leave this one temporarily vacant to allow for showings. Showings of the other occupied units will only be allowed once there is a binding agreement in place so as to minimize disruption to the tenants. Please call for more information or to schedule a showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
Charming 1920s Duplex in St. Elmo! Inside, this property feels brand new with refreshed kitchens and baths, and new flooring throughout. This property previously underwent a down to the studs renovation with upgraded insulation, plumbing and electrical. Mini-split heating and cooling and new roof from 2020. Both units are currently tenant occupied. Can be purchased with neighboring properties for sale for $920K for all three or $310K priced by itself. 4529 Balcomb St - MLS No. 1502325 4521 Balcomb St - MLS No. 1502327
Charming 1920s Duplex in St. Elmo! Inside, this property feels brand new with refreshed kitchens and baths, and new flooring throughout. This property previously underwent a down to the studs renovation with upgraded insulation, plumbing and electrical. Mini-split heating and cooling and new roof from 2020. Both units are currently tenant occupied. Can be purchased with neighboring properties for sale located at: 4529 Balcomb St - MLS No. 1502325 4535 Balcomb St - MLS No. 1502329
Wonderful duplex in historic St Elmo. Updated over the years, this property is fully leased. Good back yard and a good neighborhood. One side is 2 bedroom with 1 bath and the other side is one bedroom with one bath.
The median home value in Chattanooga, TN is $273,300. This is lower than the county median home value of $285,200. The national median home value is $338,100. The average price of homes sold in Chattanooga, TN is $273,300. Approximately 46.21% of Chattanooga homes are owned, compared to 43.33% rented, while 10.47% are vacant. Chattanooga real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chattanooga real estate agent to arrange a tour today!
Chattanooga, Tennessee 37409 has a population of 180,353. Chattanooga 37409 is less family-centric than the surrounding county with 21.32% of the households containing married families with children. The county average for households married with children is 27.75%.
The median household income in Chattanooga, Tennessee 37409 is $50,437. The median household income for the surrounding county is $61,050 compared to the national median of $69,021. The median age of people living in Chattanooga 37409 is 36.7 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 51.1 inches per year, with 1.5 inches of snow per year.