835 Tremont ST Active

Chattanooga,TN 37405

$ 609000

- Bed

0 Bath

2953 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,953 sqft

Price per Sqft $206

Subdivision North Chatt Map No 1

MLS Listing ID 1512065

Year Built 1920

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 88X116

Property Sub-Type Triplex

Source Greater Chattanooga REALTORS®

Property Description

Location, Charm and Character define this historic income producing property. Located at the corner Tremont Street and Mississippi Avenue, two primary residential arteries of N. Chatt, this property is one block from the award-winning Normal Park Elementary School and a short walk to dozens of shops, restaurants, bars, the waterfront at Coolidge Park and Downtown. With humble beginnings as a general store that served the North Chattanooga community, this iconic structure has been thoughtfully converted into three unique and updated residential rental units. Unit A is a 1 bedroom, 1 bathroom suite with stackable washer/dryer and a covered rocking chair front porch. Unit A is currently vacant but will rent for $1,100 monthly. Unit B is a 2-bedroom, 2-bathroom suite with towering 14' ceilings, stackable washer/dryer and ample storage space in two separate loft areas. Unit B is currently rented for $1,500 monthly. At the rear of the property, Unit C is a 1 bedroom, 1 bathroom suite with washer/dryer hookups, private rear deck, and cozy firepit area. Unit C is currently rented for $1,150 monthly. In addition to the ample curbside parking at the front door off Tremont Street, there is a private driveway and parking area at the rear of the property off of Boylston Street. The property has tons of dry storage in the basement and detached garage. The seller has completely updated every major system and the TPO roof has lots of life left for future owners. Don't miss this opportunity to own this extremely well located and iconic income producing property. Call today to schedule your private tour!

Location

State TN

County Hamilton

Area 0.23

Rooms

Basement Cellar,Crawl Space,Partial,Unfinished

Interior

Interior Features Eat-in Kitchen,High Ceilings,Open Floorplan,Storage

Heating Central,Electric

Cooling Central Air,Electric,Multi Units

Fireplace No

Heat Source Central,Electric

Laundry In Unit,Washer Hookup

Exterior

Exterior Feature Private Yard,Storage

Parking Features Driveway,Off Street

Garage Description Driveway, Off Street

Utilities Available Sewer Connected

Roof Type Membrane

Porch Deck,Patio,Porch

Garage No

Building

Lot Description Gentle Sloping

Faces Frazier Ave to Tremont Street. Look for sign on left between Boylston St and Mississippi Ave.

Story Two

Foundation Brick/Mortar,Slab

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding,Other

Schools

Elementary Schools Normal Park Elementary

Middle Schools Normal Park Upper

High Schools Red Bank High School

Others

Senior Community No

Tax ID 136a B 002

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Investor

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