1345 Highland Rd Unit A, B, C,, Chattanooga, TN 37415
About this home
Amazing opportunity for 2 investment properties in the Chattanooga area. Included are 2 triplex units side by side for a total of 6 units. Total price for both units is $650,000.00 Buildings are sold together. Breakdown of both buildings : 3bedrooms/2baths x2 3bedrooms/1.5baths x2 2bedrooms /1.5 baths x2 All units have been updated over the years when tenants vacate. Each unit is very spacious with a living room , dining room combo, spacious kitchen & laundry room, plus ample storage space in all units. All renovated with LVP flooring , fresh paint and new decks, new kitchen/bath flooring, lighting, sinks, etc. All units have HVAC. All units are metered separate. Conveniently located near a mini Walmart shopping center. Check out the potential for this piece of real estate . Annual gross 56,700. Cap rate 4.6 Rents are below market.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
128 ft.
Lot depth
142 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Hamilton County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Dec 14, 2024.
RN-3
Residential Neighborhood Zone
The RN-3 Residential Neighborhood Zone is intended to accommodate mixed residential neighborhoods consisting of a range of dwelling types that may include single-unit—both attached and detached, two-unit, townhouse, and multi-unit dwellings.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Property details
Parking
Parking/Garage Information
Parking Features: Off Street
Interior
Heating & Cooling
Has Cooling
Cooling: Central Air, Electric
Has Heating
Heating: Central, Electric
Interior Features
Interior Features: Eat-in Kitchen, Open Floorplan, Storage
Room Information
Has Basement
Basement Details: Finished, Full
Exterior
Exterior Features
Patio And Porch Features: Deck, Patio
Roof: Shingle
Building Information
Levels: Three Or More
# of Stories Total: 2
Construction Materials: Brick, Stone
Property Features
Pets Allowed: No
Property Information
Property Type: Residential Income
Property Sub Type: Triplex
Raw Mls Property Sub Type: Triplex
Lot Information
Lot Features: Sloped
Lot Size Dimensions: 128.0 x 142.07
Financial
Tax Information
Tax Annual Amount: $4,846.28
Utilities
Utility Information
Water Source: Public
Utilities: Sewer Connected
Location
Schools Information
Elementary School: DuPont Elementary
Middle Or Junior School: Hixson Middle
High School: Hixson High
Location Information
Directions: North on Hixson Pike right on Ashland terrace right on Highland Rd. property is the on the Right.
Subdivision Name: Highland Hills
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Hamilton County
APN: —
Home facts updated by county records on Dec 14, 2024
Around this home
Schools
Dupont Elementary School
Public PreK-5 • Assigned • 0.5mi
4/10
Red Bank Middle School
Public 6-8 • Assigned • 2.5mi
5/10
Red Bank High School
Public 9-12 • Assigned • 2.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 21 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Chattanooga, TN • 37415
Average low and high temperatures (°F)
48
30
58
37
71
46
78
54
79
61
88
69
92
74
86
68
85
64
73
54
65
46
55
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.