549 S Crest Drive, Chattanooga, TN 37404
- $815,000
- 4,420
- SqFt
- List Price
- $815,000
- MLS#
- 1395037
- Sq. Ft
- 4,420
- Acres
- 0.25
- Year Built
- 1921
- Subdivision
- Missionary Ridge
Property Description
Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge. Property is being sold fully furnished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings, and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain. Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-existent. The property is currently fully occupied and grossing $6800/mo. Unit mix consists of three-1 bedroom apartments, and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets, and master suites. Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.
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Additional Information
- Stories
- 2
- Exterior
- Aluminum Siding, Fiber Cement, Stone
- Interior
- Eat-in Kitchen, Open Floorplan
- Roof
- Shingle
- Basement
- Cellar
- Community Features
- None
- Lot Description
- Brow Lot
- Cooling
- Central Air
- Heating
- Central
- Elementary School
- East Ridge Elementary
- Middle School
- East Ridge Middle
- High School
- East Ridge High
- Financing Available
- Cash, Conventional, FHA, Owner May Carry
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Listing courtesy of Freestone Property Group.