876 Oak Street, Chattanooga, TN 37403 (MLS# 1319135)

876 Oak Street, Chattanooga, TN 37403

$650,000
Property Type: Residential Income Square Footage: 6,090 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $650,000 List Date: 6/09/2020 Last Modified: 9/09/2024

Overview

Description

Welcome to 876 Oak Street, Fairview Apartments, located in the beautiful Fortwood Historic District of downtown Chattanooga. This apartment building has an abundance of character throughout. It features hardwood floors, tall doorways, high ceilings and a beautiful staircase. Don't miss this opportunity to own property in historic Fortwood! This apartment building offers the perfect blend of charm and character with modern conveniences of today. This five unit apartment building is situated on the corner of Oak Street and Fortwood Pl. Each spacious unit features two bedrooms and two full bathrooms, living room, kitchen and washer and dryer hook ups. The apartment building has a total of five units, two units are on the main level, two units are on the second floor and there is

Supplements: one unit in the basement. All units are currently tenant occupied with a gross monthly income Of $4,800. On the rear of the building, there is a parking lot for the tenants. The back of the building also has a staircase that leads a second entrance for the units on the first and second level. This would be a great opportunity for an investor but ...

Listing Details MLS# 1319135

General Property Information

Number Of Units Total
5
Stories
2
Living Area
6090
Year Built
1920
New Construction YN
No
Home Warranty YN
No
Garage YN
No
Attached Garage YN
No
Carport YN
No
Lot Size Acres
0.17
Lot Size Square Feet
7405.2
Lot Size Dimensions
51 X 149
Association YN
No
View YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
No
List Price/SqFt
131.36
Sold Price/SqFt
106.73

Property Features

Basement: Full Community Features: Historic District; None Construction Materials: Brick; Stucco Cooling: Central Air; Electric Current Financing: None Heating: Electric; Natural Gas Interior Features: Open Floorplan Levels: Two Listing Terms: Cash; Conventional Lot Features: Level Owner Pays: Water Parking Features: Off Street Patio And Porch Features: Deck; Patio Possession: Close Of Escrow Roof: Shingle Special Listing Conditions: Investor Tenant Pays: All Utilities Utilities: Sewer Connected Water Source: Public Lock Box Type: None

Contract Information

Auction YN
No
Listing Contract Date
2020-06-08
Property Sub Type
Apartment
Occupant Type
Tenant

Location Tax and Legal

Street Number
876
Street Name
Oak
Street Suffix
Street
County
Hamilton
State
TN
Postal Code
37403
Subdivision Name
Fortwood Historic

Remarks and Miscellaneous

Public Remarks
Welcome to 876 Oak Street, Fairview Apartments, located in the beautiful Fortwood Historic District of downtown Chattanooga. This apartment building has an abundance of character throughout. It features hardwood floors, tall doorways, high ceilings and a beautiful staircase. Don't miss this opportunity to own property in historic Fortwood! This apartment building offers the perfect blend of charm and character with modern conveniences of today. This five unit apartment building is situated on the corner of Oak Street and Fortwood Pl. Each spacious unit features two bedrooms and two full bathrooms, living room, kitchen and washer and dryer hook ups. The apartment building has a total of five units, two units are on the main level, two units are on the second floor and there is
Directions
From downtown, McCallie Ave, left on Palmetto, Right on Oak St, the apartment building is on the right.

Status Change Information

Major Change Timestamp
2020-09-16T20:46:00Z
Major Change Type
Status Change
Status Change Timestamp
2020-09-16
Under Contract Date
2020-08-02
Close Date
2020-09-16
Close Price
650000

More Information

Unit 1

Unit Number
A
Total Full Baths
2
Kitchen
Yes
Refrigerator
Yes
Stove
Yes
Washer Dryer Hookups
Yes

Unit 2

Unit Number
B
Total Full Baths
2
Kitchen
Yes
Refrigerator
Yes
Stove
Yes
Washer Dryer Hookups
Yes

Unit 3

Unit Number
C
Total Full Baths
2
Den
Yes
Kitchen
Yes
Refrigerator
Yes
Stove
Yes
Washer Dryer Hookups
Yes

Unit 4

Unit Number
D
Total Full Baths
2
Kitchen
Yes
Refrigerator
Yes
Stove
Yes
Washer Dryer Hookups
Yes

Unit 5

Unit Number
A
Actual Rent
1050
Baths Total (Legacy)
2

Unit 6

Unit Number
B
Actual Rent
900
Baths Total (Legacy)
2

Unit 7

Unit Number
C
Actual Rent
1050
Baths Total (Legacy)
2

Unit 8

Unit Number
D
Actual Rent
1000
Baths Total (Legacy)
2

Unit 9

Unit Number
E
Actual Rent
800
Baths Total (Legacy)
2

License Number Info

Listing Agent’s State of Licensure
TN
Listing Agent’s License Number
280536
Listing Office’s State of Licensure
TN
Listing Office’s License Number
58898

Historical Information

Public Historical Remarks 1
Owner Pays: Water.

Location, Tax, and Legal

Parcel Number
146h E 001.05c001
Office Exclusive
No
Elementary School
Brown Elementary
Middle Or Junior School
Orchard Knob Middle
High School
Howard School of Academics & Tech
Tax Annual Amount
9575
Tax Legal Description
See Agents Notes
Deed Book
9255
Deed Page
847

Basement

Full
Yes

Community Features

Historic District
Yes
None
Yes

Construction Materials

Brick
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Level
Yes

Possession

Close Of Escrow
Yes

Special Listing Conditions

Investor
Yes

Utilities

Sewer Connected
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes
Electric
Yes

Owner Pays

Water
Yes

Parking Features

Off Street
Yes

Tenant Pays

All Utilities
Yes

Current Financing

None
Yes

Levels

Two
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Heating

Electric
Yes
Natural Gas
Yes

Interior Features

Open Floorplan
Yes

Roof

Shingle
Yes

Lock Box Type

None
Yes

Documents

Listing Office: Coldwell Banker Pryor Realty
Last Updated: September - 09 - 2024
Information deemed reliable but not guaranteed.
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