Description
Updated Duplex on a corner lot with Immediate Cash Flow Potential! 4077/4079 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Updated in 2020, each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking, and the left unit includes an attached carport. Both units are currently rented on a month-to-month basis, generating a total rental income of about $2,100 per month (which is under fair market rents) and are currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning.
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0BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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1,920SQFT
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$156$/SQFT
School Information
Description
Updated Duplex on a corner lot with Immediate Cash Flow Potential! 4077/4079 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Updated in 2020, each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking, and the left unit includes an attached carport. Both units are currently rented on a month-to-month basis, generating a total rental income of about $2,100 per month (which is under fair market rents) and are currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning.
4077 Teakwood Drive Chattanooga, TN 37416
Property Description
Architectural Style Ranch Attached Garage YN No Carport Spaces 2 Carport YN Yes Construction Materials BrickVinyl Siding Exterior Features Rain Gutters Fencing [] Foundation Details Slab Garage YN No Lot Features Back YardCorner LotFront YardLevel Other Structures [] Parking Features ConcreteDrivewayOff Street Patio And Porch Features [] Pool Features [] Roof Shingle Roof Shingle Yes Spa YN No Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances RefrigeratorRange HoodFree-Standing Electric RangeElectric Water HeaterDishwasher Basement [] Basement YN No Building Area Total 1920 Cooling Ceiling Fan(s)Central AirElectricMulti Units Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Luxury VinylTile Heating CentralElectricMulti Units Heating YN Yes Interior Features BarCeiling Fan(s) Laundry Features Electric Dryer HookupLaundry RoomMain LevelWasher Hookup Levels One Window Features BlindsVinyl Frames
Additional Parcels YN No Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Tax Annual Amount 3029.82 Utilities Cable AvailableElectricity ConnectedSewer ConnectedWater Connected Utilities Sewer Connected Yes Water Source Public
Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Zach Taylor - Chattanooga: 855-261-2233.
