1315 San Hsi DrEast Ridge, TN 37412

Property Details for 1315 San Hsi Dr

Year built

1984

Lot size

0.17 AC

Property size (Sq ft)

1,800 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

Exceptional investment opportunity: a two-unit duplex in East Ridge, Tennessee, listed at $275,000. This 1,800 square foot property, built in 1984 and situated on a 0.17-acre lot, boasts 100% occupancy with month-to-month leases. Unit A, updated six years ago, commands $900 per month, while Unit B, updated eight years ago, rents for $1,100 monthly. Both units feature newer HVAC systems and appliances. A detached carport/garage combination provides ample parking. The property is conveniently located minutes from I-75 exit 1, Camp Jordan, and various amenities. Each unit includes two parking spaces. A $685 First American One-Year Home Warranty is offered to the buyer upon request with an acceptable offer. The property is being sold "as is," and showings are by appointment only, scheduled after a binding contract is in place during the inspection period. This Class C multifamily investment presents a strong cash flow potential in a rapidly growing area. The property's address is 1315 San Hsi Dr, Chattanooga (East Ridge), TN 37412. The Hamilton County Assessor's Parcel Number (APN) is 169k F 029.01.

Location Insight

City

East Ridge

County

Hamilton

State

Tennessee

Latitude

34.9921

Longitude

-85.2205

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