835 Tremont St, A, Chattanooga, TN 37405,Chattanooga

Description

Don’t Miss this Iconic North Chattanooga Rental Property with 3 income producing units located near the corner of Tremont Street and Mississippi Ave. Location, Location, Location. This property is located in one of the hottest areas in Greater Chattanooga and it is zoned for Normal Park Schools which are widely known as some of the best schools in the town. Also, this property is within walking distance to shops, restaurants, bars, parks, the waterfront and downtown. This unique building was once a general store serving the entire Northshore area and has since been converted to residential rental units that are loaded with historic charm and character. Unit A is a 1 bedroom, 1 bathroom suite with stackable washer/dryer and a covered rocking chair front porch. Unit A currently rents for $975 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 currently rents for $1,450 monthly. Unit C is a 1 bedroom, 1 bathroom suite with washer/dryer hookups, private rear deck, gazebo-style open air workshop and cozy firepit area. Unit C currently rents for $1,150. The property is accessible by driveway in the rear off of Boylston Street and there is an old detached garage for storage. Further dry storage is located in the cellar. The seller has completed many updates and the TPO roof has lots of life left for future owners. There is an entire block of free streetside parking along Tremont Street. Finally, there is potential for future development due to an unopened right of way adjacent to the property that could be closed to add valuable land to this parcel. Please do not disturb the tenants. Access to each unit will be provided with an acceptable contract.