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709 Summitt Ave

Chattanooga, TN 37412

– beds
– baths
2,544 sqft
~1 acre lot
$137 per sqft
1970 build
– on site

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Don't miss this opportunity to own a turn key townhome style duplex in the heart of East Ridge! Each side has 2 spacious bedrooms, 1 full bathroom, and 1 half bathroom. This duplex is perfectly set up for investors or home owners wanting to build equity while off-setting their mortgage. Both units have been remodeled with new siding, new plumbing/bathrooms, remodeled kitchens, new water heaters and much more! Both units include all appliances - refrigerators, dishwashers, ovens, microwaves, and stackable washer/dryer units. Side A is vacant and can be owner occupied or rented. Side B has renters with a lease agreement that will end with new ownership. Current lease agreement is for $1600 per month plus utilities. Here's a great chance to secure a prime piece of real estate for your rental portfolio!

Listing courtesy of CHTMLS / Keller Williams Realty

Last checked: Checking… • Last updated Apr 6, 2024 •

MLS# 1387536 —

The Building

Year Built:

1970
Roof:

Shingle
Exterior:

Aluminum/Vinyl, Brick
Brick and Stone:

Partial Brick
Basement:

Crawl Space
# of Stories:

2.0
# of Stories:

2 Level
Total SqFt Approx:

2544

Financial & Terms

Financing:

Cash, Conventional, FHA, VA
Possession:

Day of Closing, Tenant Rights

Location

Directions:

From I-75 take Exit 2 (signs for I-24 W/I-59/Chattanooga/Birmingham). Keep right to continue toward I-24 W. Continue onto I-24 W. Take exit 183A toward Belvoir Ave/Germantown Rd. Merge onto North Terrace. Turn left onto S Germantown Rd. Turn right onto Gleason Dr. Turn left onto Dunlap Ave. Continue straight through left hand turn. Road turns into Summitt. Duplex on the Right
Latitude:

35.012369
Longitude:

85.262404

The Property

Property Type:

B
Property Subtype:

Duplex
Lot Description:

Sloping
Lot Size:

65MX320.5
Approx Acres:

0.95

Listing Agent

Contact info:

Taxes

Taxes:

$4,275.37

Heating & Cooling

Cooling:

Central, Electric
Heating:

Central, Electric

Utilities

Water/Sewer:

On Sewer, Public Water

Schools

Elementary School:

East Ridge Elementary
Middle School:

East Ridge Middle
High School:

East Ridge High

The Community

Subdivision:

None
Community Features:

N/A
HOA Frequency:

N/A

Parking

Parking:

Off Street Parking

Extra Units

# of Units:

2.00
Unit 1 Number:

1
Unit 1 Features:

1.5 Baths, 2 Bedrooms, Deck/Patio, Dining/Living Combo, Eat-In Kitchen, Kitchen, Laundry Hookup, Living Room, Luxury Vinyl Planks, Microwave, Oven/Range, Refrigerator
Unit 1 Bedrooms:

2
Unit 1 Full Baths:

1
Unit 1 Half Baths:

1
Unit 2 Number:

2
Unit 2 Features:

1.5 Baths, 2 Bedrooms, Deck/Patio, Dining/Living Combo, Eat-in Kitchen, Kitchen, Laundry Hookup, Living Room, Luxury Vinyl Planks, Microwave, Oven/Range
Unit 2 Bedrooms:

2
Unit 2 Full Baths:

1
Unit 2 Half Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Sale history

Date	Event	Source	Price	% Change
4/5/24 Apr 5, 2024	Sold	CHTMLS	$350,900	-2.5%
3/4/24 Mar 4, 2024	Sold Subject To Contingencies	CHTMLS	$359,900
3/2/24 Mar 2, 2024	Listed / Active	CHTMLS	$359,900	16.1% (14.0% / YR)

Multifamily Sold on 4/5/2024

$350,900

Listing provided by broker:

Shannon Miller

Keller Williams Realty

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Listing Courtesy of: CHTMLS and Keller Williams Realty.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS. © 2024 Chattanooga Association of REALTORS®

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

709 Summitt Ave

Chattanooga, TN 37412