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Listed by Paul Carter • Real Estate Partners Chattanooga, LLC
$685,000
Est. payment /mo
3,436 SqFt
Active
314 E View Drive Chattanooga, TN 37404
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,436 sqft
Price per Sqft $199
Subdivision Scruggs
MLS Listing ID 3542862
HOA Y/N No
Year Built 1950
Annual Tax Amount $5,772
Lot Dimensions 105X200
Property Description
314 E View Drive presents a rare opportunity to acquire a fully rebuilt four-unit multifamily property with additional development potential. Comprehensive renovations were completed from the studs, combining modern finishes with updated structural and mechanical systems.
Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer. Electric and water utilities are separately metered, helping simplify property management and expense allocation. The property is also equipped with a full fire sprinkler system and fire hydrant, providing added safety and long-term risk mitigation.
Investment Highlights:
Delivered vacant, allowing the buyer to control tenant selection, lease terms, and rental rates
Unit mix includes three two-bedroom residences and one one-bedroom residence.
Separately metered electric and water utilities
Extensive renovations reduce anticipated near-term capital expenditures
Oversized R-3-zoned lot may offer future development or accessory-income potential, subject to buyer verification
Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer. Electric and water utilities are separately metered, helping simplify property management and expense allocation. The property is also equipped with a full fire sprinkler system and fire hydrant, providing added safety and long-term risk mitigation.
Investment Highlights:
Delivered vacant, allowing the buyer to control tenant selection, lease terms, and rental rates
Unit mix includes three two-bedroom residences and one one-bedroom residence.
Separately metered electric and water utilities
Extensive renovations reduce anticipated near-term capital expenditures
Oversized R-3-zoned lot may offer future development or accessory-income potential, subject to buyer verification
Location
State TN
County Hamilton County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Other
Fireplace N
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Asphalt
Private Pool false
Building
Sewer Public Sewer
Water Public
Structure Type Other,Brick
New Construction false
Schools
Elementary Schools East Ridge Elementary School
Middle Schools East Ridge Middle School
High Schools East Ridge High School
Others
Senior Community false
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