Newly Built Duplex Home – Investors Opportunity

Asking $ 600,000
  • Investors do not miss out on the opportunity to own a duplex in the up-and-coming historic Southside district.
  • Half a mile from Main St. 1904 S Holly is next door as a separate listing would make 4 units total.
  • Endless possibilities, and also enough room to build ADU in the back if the city permits.
  • These units feature a soaring 2 story family room, granite countertops, lvp flooring throughout, white shaker cabinets, plenty of natural sunlight, and custom tile showers.
  • 1904 S Holly is a SEPARATE LISTING not included in this price.
  • 3 minutes to downtown Chattanooga and a half mile to the interstate.
  • Each unit is a 3br 2.5 bath owner/agent.
  • Updated On:
  • January 24, 2024
Property Id : 58072
Price: Asking $ 600,000
Property Size: 2,500.00 ft2
Property Lot Size: 10,890.00 ft2
Rooms: 12
Bedrooms: 6
Bathrooms: 2
Year Built: 2023
Basement: Crawl
External Construction: Cement
Roofing: Shingle
Rent (mo): 3600
ROI (ann): 17.3
Cashflow (mo): 308
Property Taxes (mo): 300
Insurance (mo): 325
Repairs (mo): 70
Management Fee (mo): 284
Leasing Fee (ann): 74
Vacancy Rate (ann): 4
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 3,594.31
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,844.31

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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