107 Goodson Avenue, Chattanooga, TN 37405 (MLS# 1170084)

107 Goodson Avenue, Chattanooga, TN 37405

$770,000
Property Type: Residential Income Square Footage: 20,648 Lot Size (sq. ft.): 65,340 Status: Closed
Current Price: $770,000 List Date: 10/27/2011 Last Modified: 9/09/2024

Overview

Description

Owner retiring. Please do not disturb on-site manager or tenants. 28 units in 4 brick buildings on 1.5 acres just 2+ miles/3 minutes from Downtown Chattanooga, and less than 2 miles to North Shore. 16 one-bedroom units and 12 two-bedroom 1-1/2 bath townhome-style units. Zoned R-3 lot in off-street location with ample parking in a quiet residential neighborhood at North Chattanooga/Red Bank border. One-bedrooms rent between $475 and $525. Two bedrooms rent between $550 and $650. 3 buildings have large open basement areas that could easily be converted into tenant private storage spaces for additional revenue, workshop/storage areas, etc. This low-maintenance property is in excellent condition. Many two-bedroom units have laundry hookups. Additional revenue is generated by an on-site, coin-o

Supplements: perated laundry room. Units are all-electric with central HVAC. Water and electric service is metered individually. Units have private decks looking onto mature trees and lawn areas. 85% of units recently remodeled and finished to a high standard with ceramic tile floors in entryways, kitchens and bathrooms; new appliances, including dishwashers, a ...

Listing Details MLS# 1170084

General Property Information

Number Of Units Total
28
Living Area
20648
Year Built
1973
New Construction YN
No
Home Warranty YN
No
Garage YN
No
Attached Garage YN
Yes
Carport YN
No
Lot Size Acres
1.5
Lot Size Square Feet
65340
Lot Size Dimensions
411.85X223.5IRR
Association YN
No
View YN
No
Waterfront YN
No
Fireplace YN
No
List Price/SqFt
39.18
Sold Price/SqFt
37.29

Property Features

Construction Materials: Brick Cooling: Electric Current Financing: Conventional Heating: Electric Laundry Features: Common Area Levels: Two Listing Terms: Conventional; Owner May Carry Lot Features: Sloped Parking Features: Off Street Patio And Porch Features: Deck; Patio Possession: Close Of Escrow Roof: Shingle Tenant Pays: Electricity; Sewer; Water Utilities: Sewer Connected Water Source: Public Lock Box Type: None

Contract Information

Listing Contract Date
2011-10-26
Property Sub Type
Apartment

Location Tax and Legal

Street Number
107
Street Name
Goodson
Street Suffix
Avenue
County
Hamilton
State
TN
Postal Code
37405
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Owner retiring. Please do not disturb on-site manager or tenants. 28 units in 4 brick buildings on 1.5 acres just 2+ miles/3 minutes from Downtown Chattanooga, and less than 2 miles to North Shore. 16 one-bedroom units and 12 two-bedroom 1-1/2 bath townhome-style units. Zoned R-3 lot in off-street location with ample parking in a quiet residential neighborhood at North Chattanooga/Red Bank border. One-bedrooms rent between $475 and $525. Two bedrooms rent between $550 and $650. 3 buildings have large open basement areas that could easily be converted into tenant private storage spaces for additional revenue, workshop/storage areas, etc. This low-maintenance property is in excellent condition. Many two-bedroom units have laundry hookups. Additional revenue is generated by an on-site, coin-o
Directions
Intersection of Hedgewood & Dayton Blvd; 3 blocks from I-24/27.

Status Change Information

Major Change Timestamp
2012-04-30T12:01:48Z
Major Change Type
Status Change
Price Change Timestamp
2012-02-20T19:47:18Z
Status Change Timestamp
2012-04-30
Under Contract Date
2012-04-30
Close Date
2012-04-30
Close Price
770000

More Information

Unit 1

Unit Number
16
Total Full Baths
Yes
Total Half Baths
Yes

Unit 2

Unit Number
12
Total Full Baths
Yes
Total Half Baths
Yes
Washer Dryer Hookups
Yes

Historical Information

Public Historical Remarks 1
Unit 1 Features: 1 Bath. Unit 2 Features: 1.5 Baths.

Location, Tax, and Legal

Parcel Number
126C D 008
Office Exclusive
No
Elementary School
Red Bank Elementary
Middle Or Junior School
Red Bank Middle
High School
Red Bank High School
Tax Annual Amount
7270
Tax Legal Description
LT 90 SMARTT EDMONDSON COKER VALLEY RIDGE APTS 28 UNITS
Deed Book
7659
Deed Page
976

Construction Materials

Brick
Yes

Listing Terms

Conventional
Yes
Owner May Carry
Yes

Lot Features

Sloped
Yes

Possession

Close Of Escrow
Yes

Utilities

Sewer Connected
Yes

Water Source

Public
Yes

Cooling

Electric
Yes

Parking Features

Off Street
Yes

Tenant Pays

Electricity
Yes
Sewer
Yes
Water
Yes

Current Financing

Conventional
Yes

Levels

Two
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Heating

Electric
Yes

Laundry Features

Common Area
Yes

Roof

Shingle
Yes

Lock Box Type

None
Yes
Listing Office: RDH Services, LLC
Last Updated: September - 09 - 2024
Information deemed reliable but not guaranteed.