549 S Crest Drive, Chattanooga, TN 37404
$795,000
Property Type:
Residential Income
Square Footage:
4,420
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$795,000
List Date:
7/03/2024
Last Modified:
11/07/2024
Listing Details MLS# 1395037
General Property Information
- Number Of Units Total
- 4
- Stories
- 2
- Living Area
- 4420
- Year Built
- 1921
- New Construction YN
- No
- Home Warranty YN
- No
- Garage YN
- No
- Attached Garage YN
- No
- Carport YN
- No
- Lot Size Acres
- 0.25
- Lot Size Square Feet
- 10890
- Lot Size Dimensions
- 90x121.5
- Association YN
- No
- View YN
- Yes
- Waterfront YN
- No
- Basement YN
- Yes
- Fireplace YN
- Yes
- Senior Community YN
- No
- List Price/SqFt
- 184.39
- Sold Price/SqFt
- 179.86
Property Features
Basement:
Cellar
Community Features:
None
Construction Materials:
Aluminum Siding; Fiber Cement; Stone
Cooling:
Central Air
Current Financing:
Conventional
Heating:
Central
Interior Features:
Eat-in Kitchen; Open Floorplan
Levels:
Two
Listing Terms:
Cash; Conventional; FHA; Owner May Carry
Lot Features:
Brow Lot
Owner Pays:
All Utilities
Parking Features:
Off Street
Patio And Porch Features:
Deck; Patio
Possession:
Negotiable
Roof:
Shingle
Tenant Pays:
None
Utilities:
Sewer Connected
View:
Other
Water Source:
Public
Lock Box Type:
None
Contract Information
- Auction YN
- No
- Listing Contract Date
- 2024-07-03
- Property Sub Type
- Quadruplex
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 549
- Street Direction Prefix
- S
- Street Name
- Crest
- Street Suffix
- Drive
- County
- Hamilton
- State
- TN
- Postal Code
- 37404
- Subdivision Name
- Missionary Ridge
Remarks and Miscellaneous
- Public Remarks
- Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge. Property is being sold fully furnished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings, and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain. Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-existent. The property is currently fully occupied and grossing $6800/mo. Unit mix consists of three-1 bedroom apartments, and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets, and master suites. Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.
- Directions
- From 24: 1) Head south on Westside Dr. 2)Turn right onto S Crest. 3)Property on right.
Status Change Information
- Major Change Timestamp
- 2024-11-07T14:33:52Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2024-11-07
- Under Contract Date
- 2024-08-24
- Close Date
- 2024-11-06
- Close Price
- 795000
More Information
Unit 1
- Unit Number
- Yes
- Total Full Baths
- 2
- Kitchen
- Yes
- Living Room
- Yes
- Separate Dining
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Stove
- Yes
- Washer Dryer Hookups
- Yes
Unit 2
- Unit Number
- 2
- Total Full Baths
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Stove
- Yes
- Washer Dryer Hookups
- Yes
Unit 3
- Unit Number
- 3
- Total Full Baths
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Stove
- Yes
- Washer Dryer Hookups
- Yes
Unit 4
- Unit Number
- 4
- Total Full Baths
- Yes
- Kitchen
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Stove
- Yes
- Washer Dryer Hookups
- Yes
Unit 5
- Unit Number
- Yes
- Actual Rent
- 1900
- Baths Total (Legacy)
- 2
- Unit Remarks
- Furnished: F
Unit 6
- Unit Number
- 2
- Actual Rent
- 1750
- Baths Total (Legacy)
- Yes
- Unit Remarks
- Furnished: F
Unit 7
- Unit Number
- 3
- Actual Rent
- 1650
- Baths Total (Legacy)
- Yes
- Unit Remarks
- Furnished: F
Unit 8
- Unit Number
- 4
- Actual Rent
- 1500
- Baths Total (Legacy)
- Yes
- Unit Remarks
- Furnished: F
License Number Info
- Listing Agent’s State of Licensure
- TN
- Listing Agent’s License Number
- 357400
- Listing Office’s State of Licensure
- TN
- Listing Office’s License Number
- 266095
Historical Information
- Public Historical Remarks 1
- Owner Pays: All Utilities. Unit 1 Features: 2+ Baths. Unit 2 Features: 1 Bath. Unit 3 Features: 1 Bath. Unit 4 Features: 1 Bath.
Location, Tax, and Legal
- Parcel Number
- 168j T 014
- Office Exclusive
- No
- Elementary School
- East Ridge Elementary
- Middle Or Junior School
- East Ridge Middle
- High School
- East Ridge High
- Tax Annual Amount
- 4135.5
- Tax Legal Description
- Lot 4 J A Wardlaws Lakeview Addn Pb 7 Pg12 Rev 67-198 Res Used Ad Duple X
- Deed Book
- 13504
- Deed Page
- 490
Basement
- Cellar
- Yes
Community Features
- None
- Yes
Construction Materials
- Aluminum Siding
- Yes
- Fiber Cement
- Yes
- Stone
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- Owner May Carry
- Yes
Lot Features
- Brow Lot
- Yes
Possession
- Negotiable
- Yes
Utilities
- Sewer Connected
- Yes
View
- Other
- Yes
Water Source
- Public
- Yes
Cooling
- Central Air
- Yes
Owner Pays
- All Utilities
- Yes
Parking Features
- Off Street
- Yes
Tenant Pays
- None
- Yes
Current Financing
- Conventional
- Yes
Levels
- Two
- Yes
Patio And Porch Features
- Deck
- Yes
- Patio
- Yes
Heating
- Central
- Yes
Interior Features
- Eat-in Kitchen
- Yes
- Open Floorplan
- Yes
Roof
- Shingle
- Yes
Lock Box Type
- None
- Yes
Lead Based Paint Disclosure ›
Listing Office:
Freestone Property Group
Last Updated: November - 07 - 2024
Information deemed reliable but not guaranteed.