900 Peppermill Road, Chattanooga, TN 37411

$294,900

Price: $294,900
Acres: 0.35 of an acre
Beds: 4
Sq Ft: 1,910
County: Hamilton
Type: Duplex
MLS #: 1544552

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About This Property

QUIET STREET PREMIUM - EXTENSIVELY UPDATED DUPLEX IN 37411! 900 Peppermill Rd--situated on a highly desirable, exceptionally quiet street lined with stable, long-term multi-family homes. This all-brick duplex represents an incredible opportunity where extensive capital updates (exceeding $20,000+) have already been completed on the vacant side! Generating a powerful total Gross Scheduled Income of 2,150/month($25,800 annually), this asset is a premier addition to any portfolio. Unit A has a proven rental history of $1,250/month and has been meticulously transformed with fresh interior/exterior paint, new gutters, all-new modern flooring, appliances, updated countertops, an updated bathroom, and light fixtures. A massive highlight is the rare, private backyard that has been completely cleared of overgrowth--offering a generous outdoor oasis that tenants or owner-occupants will enjoy. Move a top-tier tenant in on day one or use it as a premium primary residence! Unit B features an exceptional, long-term retired teacher with a flawless, on-time payment history of $900/mo. Minutes to I-24, I-75 & downtown Chattanooga. Vacant side is easy to show, schedule your tour today! Please do not disturb tenants next door in Unit B - (Note: Note: Occupied side viewable only upon an accepted contract to respect tenant privacy.)

Listing courtesy of Keller Williams Realty. Listing agent: Norma G Whaley.