Property Description

Location, Charm and Character define this historic income producing property. Located at the corner Tremont Street and Mississippi Avenue, two primary residential arteries of N. Chatt, this property is one block from the award-winning Normal Park Elementary School and a short walk to dozens of shops, restaurants, bars, the waterfront at Coolidge Park and Downtown. With humble beginnings as a general store that served the North Chattanooga community, this iconic structure has been thoughtfully converted into three unique and updated residential rental units. Unit A is a 1 bedroom, 1 bathroom suite with stackable washer/dryer and a covered rocking chair front porch. Unit A is currently rented for $1,100 monthly. Unit B is a 2-bedroom, 2-bathroom suite with towering 14' ceilings, stackable washer/dryer and ample storage space in two separate loft areas. Unit B is currently rented for $1,500 monthly. At the rear of the property, Unit C is a 1 bedroom, 1 bathroom suite with washer/dryer hookups, private rear deck, and cozy firepit area. Unit C is currently rented for $1,150 monthly. In addition to the ample curbside parking at the front door off Tremont Street, there is a private driveway and parking area at the rear of the property off of Boylston Street. The property has tons of dry storage in the basement and detached garage. The seller has completely updated every major system and the TPO roof has lots of life left for future owners. Don't miss this opportunity to own this extremely well located and iconic income producing property. Call today to schedule your private tour!

Property Features

Units

Local Schools