Fantastic Duplex Home in the Heart of Red Bank – Great Investment Opportunity

Asking $ 299,900
Cliftview Drive, ,
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Overview

  • Updated On:
  • September 9, 2022
  • 4 Bedrooms
  • 2 Bathrooms
  • 1,960.00 ft2
  • Year Built: 1978
  • Minutes to downtown Chattanooga TN.
  • This great investment has 2 bedrooms and 1 bath on each side.
  • The larger of the 2 units is about 1000sf and the second unit approximately 960 SF.
  • Both units have gas fireplaces.
  • Each unit has a nice size eat-in kitchen with stainless steel appliances and laundry hookups.
  • Currently rented at 800 and 750 each side but long-term tenants and well below market rent.
  • All major systems are only 8 years old including HVAC units, water heaters, and roofs.
  • Situated atop a nice wooded lot with plenty of backyard privacy.
Address: Cliftview Drive
Area:
State/County:
Zip: 37415
Country: United States
Open In Google Maps
Property Id : 54598
Price: Asking $ 299,900
Property Size: 1,960.00 ft2
Property Lot Size: 24,829.00 ft2
Rooms: 8
Bedrooms: 4
Bathrooms: 2
House Number: 229
Year Built: 1978
External Construction: Brick
Roofing: Shingle
Rent (mo): 2500
ROI (ann): 24.1
Cashflow (mo): 439
Property Taxes (mo): 139
Insurance (mo): 135
Repairs (mo): 70
Management Fee (mo): 196
Leasing Fee (ann): 51
HOA (mo): 34
Vacancy Rate (ann): 4
Other Features
back yard
deck
fireplace

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