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1312 Ely Road

Hixson, TN 34343
  • $2,175,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: 20228721
UPDATED: 67 min ago
$2,175,000
  • 0
    BEDS
  • 2.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,480
    SQFT
  • $174
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972
County:

School Ratings & Info

Description

12 Unit townhouse style rentals for sale $2,175,000, $1,300/mo with a 1 year lease. All units have newly renovated 2 bedroom, 1.5 bathroom townhome-style residences, a fully furnished kitchen with stoves, refrigerators, and dishwashers, two parking spaces, central air, laundry hookup and new windows throughout. Utilities are on the tenants. All units are occupied. Unit 1 moves in this weekend. Unit 5 vacates next week, 1 week to do minor repairs, and I already have 3 applications Occupancy on unit 5 will be at the end of January or February 1st. at the latest. Well managed property offering solid financials.

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© 2023 River Counties Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mark Hite Team | Real Estate Partners Chattanooga LLC. Data last updated: 2023-03-29T14:47:21.197.
www.markhitehomes.com/homes/135528145
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1312 Ely Road Hixson, TN 34343

  • Price: $2,175,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 67 min ago
  • MLS #: 20228721
0
Beds
0
Baths
0
½ Baths
2.9
Acres
12,480
SQFT
$174
$/SQFT
1972
Built
Neighborhood:
--NONE--
County:
Hamilton
Area:
Hamilton City
Property Description
12 Unit townhouse style rentals for sale $2,175,000, $1,300/mo with a 1 year lease. All units have newly renovated 2 bedroom, 1.5 bathroom townhome-style residences, a fully furnished kitchen with stoves, refrigerators, and dishwashers, two parking spaces, central air, laundry hookup and new windows throughout. Utilities are on the tenants. All units are occupied. Unit 1 moves in this weekend. Unit 5 vacates next week, 1 week to do minor repairs, and I already have 3 applications Occupancy on unit 5 will be at the end of January or February 1st. at the latest. Well managed property offering solid financials.
Exterior Features

Construction Materials BlockBrick Est Lot Size Acres Range 1-3 Acres Lot Features See Remarks Lot Size Dimensions 160 X 527 Parking Features Asphalt16-30 Spaces Road Frontage Type City Street Roof Metal

Interior Features

Appliances Electric Water Heater Below Grade Finished Area Source Public Records Cooling Central Air Cooling YN Yes Flooring HardwoodCarpet Heating Central Heating YN Yes

Property Features

Building Area Total 12480 Business Type Other Multi FamilyMulti-Family Current Financing Conventional Est Age Range 26-50 Years Existing Lease Type See Remarks For Sale Rent Sale Listing Terms Conventional1031 Exchange New Construction YN No Operating Expense Includes InsuranceTaxes-Real EstateRepair And MaintenanceServiceUtilitiesMiscellaneous Property Condition GoodUpdated/Remodeled Property Sub Type Multi-Tenant Road Responsibility Public Maintained Road Sewer Public Sewer Tax Annual Amount 17559.7 Tenant Pays Water & SewerOther Water Source Public Zoning R2

Listing provided courtesy of Tate Trentham of Coldwell Banker Kinard Realty: 423-476-5532.


© 2023 River Counties Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mark Hite Team | Real Estate Partners Chattanooga LLC. Data last updated: 2023-03-29T14:47:21.197.
 
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The Mark Hite Team | Real Estate Partners Chattanooga LLC
525 W Main St.
Chattanooga TN, 37402
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