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5709 Jana LN Hixson, TN 37343
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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,352 sqft
Price per Sqft $148
Subdivision Lake Forrest
MLS Listing ID 1370332
Sold Date 05/09/23
Year Built 1974
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions 205.87X120
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Nothing ordinary here – only the extraordinary! When was the last time you saw a brick duplex with a fireplace, private garage, and storage on each side? When was the last time you saw a quality duplex with a projected 10.28% cash-on-cash return? The property features two renovated kitchens with beautiful cabinets and stunning countertops. The living, dining, and entry areas are huge, and the bedrooms are oversized. Windows have been updated. One side is 100% ready to go, and the second needs updated interior paint and flooring. Rent is projected at $1500 per side for $36,000 annually. $36000 divided by $350000 = .1028% return. Buyer to confirm rent projections. This duplex is a perfect owner-occupied investment!
Location
State TN
County Hamilton
Area 0.57
Rooms
Basement Unfinished
Interior
Interior Features Open Floorplan
Heating Central, Electric
Cooling Central Air, Electric
Fireplace Yes
Heat Source Central, Electric
Exterior
Garage Spaces 2.0
Garage Description Attached
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Total Parking Spaces 2
Garage Yes
Building
Lot Description Cul-De-Sac, Gentle Sloping, Wooded
Faces 153 N Left on Grubb, Left on Moody Sawyer, Right Taggart, Right Forest Ridge, Right Jana Ln. Duplex is on the right
Story One
Water Public
Structure Type Brick
Schools
Elementary Schools Hixson Elementary
Middle Schools Hixson Middle
High Schools Hixson High
Others
Senior Community No
Tax ID 099d C 002.02
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Investor
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