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7749 Holiday Hills Circle, Chattanooga, TN 37416

$339,500
: 4
BD
: 2
BA
: 1,955
SqFt

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List Price: $339,500
Status: ACTIVE
MLS#: 1543785
Subtype: Residential Income
Style: Ranch
Year Built: 1965
Bedrooms: 4
Bathrooms: 2
Living Area: 1,955
Lot Size: 39,639
Acres: 0.91
Subdivision: Holiday Hills

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Property Description

Investment opportunity with immediate rental income! This all-brick duplex is situated on a spacious lot of nearly one acre and is currently generating $2,795 per month in rental income. Both units are tenant occupied with month-to-month leases, giving the next owner the flexibility to continue the existing rental arrangement or make changes to fit their investment strategy. Each unit offers 2 bedrooms and 1 full bathroom, along with a kitchen, dining area, spacious living room, private parking, and access to its own outdoor space. The left unit has received several updates, including LVT flooring throughout the living room, dining area, and kitchen, fresh paint and baseboards, a newer range and hood, refrigerator, dining room light fixture, and Bath Fitter tub. The right unit has been well maintained and features hardwood flooring in the hallway and both bedrooms, tile flooring in the bathroom, and sliding glass doors from the dining area leading to a private back patio. With established rental income, month-to-month tenants, an all-brick exterior, and a large lot, this property offers an excellent opportunity for investors looking to add a producing multifamily property to their portfolio. Information is deemed reliable but not guaranteed. Buyer to verify all information deemed important, including square footage, schools, lease terms, and rental income.

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Additional Information

Interior Features: Sitting Area, Breakfast Nook, Plumbed, High Speed Internet, Laminate Counters, Primary Downstairs
Exterior Features: Private Entrance, Private Yard, Rain Gutters
Taxes: $2,315
Property Description: Ranch
Appliances: Cooktop, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Range, Oven, Water Heater
Heating: Central, Electric
Air Conditioning: Central Air, Electric
Exterior Features: Brick
Levels: One
Roof: Shingle
Foundation: Block
Parking Features: Driveway, Off Street, Kitchen Level
Elementary School: Harrison Elementary
Middle School: Brown Middle
High School: Central High School