900 Peppermill Road, Chattanooga, TN 37411

$294,900
: 4
BD
: 2
BA
: 1,910
SqFt

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List Price: $294,900
MLS#: 1544552
Bedrooms: 4
Sq. Ft: 1,910
Acres: 0.35
Year Built: 1985
Subdivision: Peppermill Village # 2

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Property Description

QUIET STREET PREMIUM - EXTENSIVELY UPDATED DUPLEX IN 37411! 900 Peppermill Rd--situated on a highly desirable, exceptionally quiet street lined with stable, long-term multi-family homes. This all-brick duplex represents an incredible opportunity where extensive capital updates (exceeding $20,000+) have already been completed on the vacant side! Generating a powerful total Gross Scheduled Income of 2,150/month($25,800 annually), this asset is a premier addition to any portfolio. Unit A has a proven rental history of $1,250/month and has been meticulously transformed with fresh interior/exterior paint, new gutters, all-new modern flooring, appliances, updated countertops, an updated bathroom, and light fixtures. A massive highlight is the rare, private backyard that has been completely cleared of overgrowth--offering a generous outdoor oasis that tenants or owner-occupants will enjoy. Move a top-tier tenant in on day one or use it as a premium primary residence! Unit B features an exceptional, long-term retired teacher with a flawless, on-time payment history of $900/mo. Minutes to I-24, I-75 & downtown Chattanooga. Vacant side is easy to show, schedule your tour today! Please do not disturb tenants next door in Unit B - (Note: Note: Occupied side viewable only upon an accepted contract to respect tenant privacy.)

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Additional Information

Style: Ranch
Exterior: Brick
Interior: Eat-in Kitchen, Laminate Counters
Roof: Shingle
Floors: Luxury Vinyl
Foundation: Slab
Basement: None
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Free-Standing Electric Range, Refrigerator
Exterior Features: Storage
Community Features: None
Lot Description: Back Yard, Cleared, Level, Private
Pool Description: None
Cooling: Central Air, Electric
Heating: Central, Natural Gas
Elementary School: Woodmore Elementary
Middle School: Dalewood Middle
High School: Brainerd High
Financing Available: Cash, Conventional