1315 San Hsi Dr East Ridge, TN 37412
Exceptional investment opportunity: a two-unit duplex in East Ridge, Tennessee, listed at $275,000. This 1,800 square foot property, built in 1984 and situated on a 0.17-acre lot, boasts 100% occupancy with month-to-month leases. Unit A, updated six years ago, commands $900 per month, while Unit B, updated eight years ago, rents for $1,100 monthly. Both units feature newer HVAC systems and appliances. A detached carport/garage combination provides ample parking. The property is conveniently located minutes from I-75 exit 1, Camp Jordan, and various amenities. Each unit includes two parking spaces. A $685 First American One-Year Home Warranty is offered to the buyer upon request with an acceptable offer. The property is being sold "as is," and showings are by appointment only, scheduled after a binding contract is in place during the inspection period. This Class C multifamily investment presents a strong cash flow potential in a rapidly growing area. The property's address is 1315 San Hsi Dr, Chattanooga (East Ridge), TN 37412. The Hamilton County Assessor's Parcel Number (APN) is 169k F 029.01.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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