3711 Fountain AVE Chattanooga, TN 37412
1,530 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,530 sqft
Price per Sqft $228
MLS Listing ID 1526156
Year Built 1951
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
The property is conveniently located just 10 minutes from downtown Chattanooga and Hamilton Place Mall, and approximately 15 minutes from the Chattanooga Airport.
Buyers also have the option to purchase an expanded 6 unit three duplex investment package at a reduced price. This offering includes both 10 Fountain Circle and 3711 Fountain Avenue, spanning two adjoining lots totaling approximately 1.05 acres. At 10 Fountain Circle, Units A, B, C, and D each feature 2 bedrooms and 1 bathroom. All units are separately metered, with the exception of Units C and D which share a common water line. Tenants are responsible for their own utilities. Water for Units C and D remains in the landlord's name and is billed back to tenants.
Several units have been upgraded with new HVAC systems, reducing near term capital expenses and improving operational efficiency. Generous yard space and a large parking area provide ample off street parking, while the private setting combined with a convenient location drives consistent rental demand and makes this an easy to manage long term investment.
Location
State TN
County Hamilton
Area 0.35
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Linoleum
Fireplace No
Window Features Aluminum Frames
Appliance Refrigerator, Microwave, Electric Water Heater, Electric Range
Heat Source Central
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Private Entrance, Private Yard
Parking Features Asphalt, Driveway, Parking Lot
Garage Description Asphalt, Driveway, Parking Lot
Pool None
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Deck
Garage No
Building
Lot Description Back Yard, Private, Secluded
Faces From downtown Chattanooga, head southeast on Market Street, then turn right onto East 23rd Street/US-11 South (Dodds Avenue) and continue toward East Ridge. Turn left onto Germantown Road, then right onto Fountain Avenue, and finally left onto Fountain Circle, where 10 Fountain Circle will be on your right.
Story One
Foundation Block, Slab
Sewer Public Sewer
Water Public
Additional Building Other
Structure Type Vinyl Siding,Wood Siding
Schools
Elementary Schools East Ridge Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 157p E 014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
Pets Allowed Yes
