Excellent Investment Opportunity 4 Bedroom Duplex Home – 27.7% Annual ROI

Asking $ 315,000
Elder Street, ,
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Overview

  • Updated On:
  • July 19, 2022
  • 4 Bedrooms
  • 4 Bathrooms
  • 1,861.00 ft2
  • Year Built: 1986

 

  • This Duplex is located on historic Missionary Ridge overlooking the city and is only minutes to Downtown Chattanooga.
  • Both units have fantastic views of the city and features a living room with vaulted ceiling and fireplace.
  • Dining room and kitchen on the main level.
  • The owners suite with private bath is on the 2nd level .
  • The 2nd bedroom, full bath and laundry room are in the finished basement.
  • Each unit has 2 decks that have excellent views of the city.
  • You could live on one side and rent the other or just rent both.
  • Potential rent $2900 per month for both sides.
  • This property has been well maintained and will not last long, make your appointment for your private showing today.
Address: Elder Street
Area:
State/County:
Zip: 37404
Country: United States
Open In Google Maps
Property Id : 45186
Price: Asking $ 315,000
Property Size: 1,861.00 ft2
Property Lot Size: 1,861.00 ft2
Rooms: 10
Bedrooms: 4
Bathrooms: 4
House Number: 2115
Year Built: 1986
External Construction: Siding
Roofing: Shingle
Rent (mo): 2500
ROI (ann): 27.7
Cashflow (mo): 679
Property Taxes (mo): 106
Insurance (mo): 129
Repairs (mo): 75
Management Fee (mo): 196
Leasing Fee (ann): 51
HOA (mo): 0
Vacancy Rate (ann): 4
Other Features
deck
fireplace

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