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USATNChattanoogaNorth Chatt Map No 1835 Tremont St
Listing image | Image 1

835 Tremont St, Chattanooga, TN

House

For Sale

Listed price in listed location currency (USD).
$550,000

440

MLS® 1542045

Overview

Key Facts

Type Triplex
Levels Residential Income
Size 2953 sqft
Garage Yes
Taxes $6,748
Days Active 20
Lot Size 0.23 Acres
Approx. Age 1920
Avg. Price Per Sqft $186
MLS® Number 1542045

Property Address: 835 Tremont St, Chattanooga, TN, 37405-2883

Average square foot calculated using Size range provided by listing agent.

Description

Rare north Chattanooga Investment Opportunity. Location, character, and income come together in this iconic historic triplex located at the corner of Tremont Street and Mississippi Avenue. Previously producing $3, 750/month ($45, 000 annually), this property offers three updated rental units and an excellent opportunity for an investor or owner occupant to live in one unit while renting the other two. Originally a neighborhood general store, the property has been thoughtfully converted into three unique units. Unit A: 1BR/1BA with stackable W/D and covered front porch, previously rented for $1, 100/month and now vacant. Unit B: 2BR/2BA with impressive 14' ceilings, two loft storage areas and stackable W/D, currently rented for $1, 500/month. Unit C: 1BR/1BA with W/D hookups, private rear deck and firepit area, currently rented for $1, 150/month. Major systems have been updated by the seller, and the TPO roof has plenty of life remaining. Additional features include private rear parking accessed from Boylston Street, ample curbside parking, detached garage, and abundant dry basement storage. Just one block from Normal Park Elementary and Aretha Frankenstein, and within walking distance of Coolidge Park, the Tennessee River, restaurants, shops, bars, and Downtown Chattanooga. A rare opportunity to own a stabilized income-producing property in one of Chattanooga's most desirable neighborhoods. DO NOT DISTURB TENANTS. Only the vacant unit may be shown. Tenant-occupied units may be inspected after an accepted contract. Inquire for additional interior photos for tenant occupied Unit B & C available. Seller is offering to pay buyer's closing costs!
MLS® Number1542045
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementCrawl Space, Partial, Unfinished, Cellar
DrivewayDriveway, Off Street
Garage Spaces
HeatCentral, Electric, Varies by Unit
A/CCentral Air, Electric, Multi Units

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $550,000 and $978,000.
Similar properties in this area sold on average for: $835,326
Expected to sell in 42 days. Similar properties sold in 62 days. This home has been on Zoocasa for 20 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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