2 S Crest Road, Chattanooga, TN 37404

$209,900
: 6
BD
: 7
BA
: 2,556
SqFt

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List Price: $209,900
Status: ACTIVE
MLS#: 1540734
Subtype: Residential
Year Built: 1940
Bedrooms: 6
Bathrooms: 7
Full Baths: 7
Living Area: 2,556
Lot Size: 15,681
Acres: 0.36
Subdivision: Rose Terrace Addn

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Property Description

Back on market due to no fault of the seller! Inspection was never even done! Buyer got cold feet! CASH ONLY! HARD MONEY LOAN OFFERS WILL BE DENIED. Investors! Builders! Landlords! Owner's loss is your gain here! Owners have decided to go a different route, so here is an opportunity for a new owner to pick up the remaining work. Brand new plumbing! Brand new electrical! Brand new sheetrock! Brand new roof! Brand new windows! Work has to be checked by city inspector since no permit was in place. Come take advantage of the work that has already been done & add paint, flooring, & a few small touches to bring this triplex (potentially quadplex with finished attic) to a profitable rental in historic Missionary Ridge in Chattanooga! Be your own landlord and live in one unit and rent the others to pay your mortgage or convert to a family compound where everyone has enough space! The full attic that has been walled off is ready to add 1000 square feet of living space! Large driveway allows more than enough space for parking! Property auto converted to SFR, so will need to be rezoned back to multi family if buyer plans to use as multi family. Units are set up on separate electric meters.

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