Description
Incredible opportunity to own a TRIPILEX (could easily be made a QUADRUPLEX or possibly more?) in the HEART of Signal Mountain zoned for award winning Signal Mountain schools including Thrasher Elementary. This has been a used as a multi-generational family home, but is perfect as a 3 unit rental OR an owner/occupied AIRBNB / VRBO / STVR or even a WORK / LIVE situation. Tons of earning potential & possibilities. EACH UNIT IS INDIVIDUALLY METERED FOR ELECTRIC and water is one meter. AS IT SITS, for long term rentals, rents could be approx $3800 - $4300/month. As an owner occupied AIRBNB or a mix, the possibilities are endless depending on how you divide it or which one you reside in. Add on or separate the finished basement and easily add more income. With just under 1.5 Acres of land, it's possible to add onto the existing home or add an ADU with proper permits. This ''home'' is a one of a kind investors dream. Brick exterior, gorgeous hardwoods, cool original tile, lots of outdoor living, parking for 10+ cars, an RV, storage galore, lots of land, WALKABILITY to everything ''Signal Mountain'' including shops, restaurants, grocery store, doctors offices and even tennis courts and pools. *** Information is deemed reliable but not guaranteed. Buyer to verify any and all info they deem important. Anny rent estimates are estimates based on comps and nothing more - please do your own research ***
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0BEDS
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1.4ACRES
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0BATHS
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01/2 BATHS
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3,465SQFT
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$144$/SQFT
School Information
Description
Incredible opportunity to own a TRIPILEX (could easily be made a QUADRUPLEX or possibly more?) in the HEART of Signal Mountain zoned for award winning Signal Mountain schools including Thrasher Elementary. This has been a used as a multi-generational family home, but is perfect as a 3 unit rental OR an owner/occupied AIRBNB / VRBO / STVR or even a WORK / LIVE situation. Tons of earning potential & possibilities. EACH UNIT IS INDIVIDUALLY METERED FOR ELECTRIC and water is one meter. AS IT SITS, for long term rentals, rents could be approx $3800 - $4300/month. As an owner occupied AIRBNB or a mix, the possibilities are endless depending on how you divide it or which one you reside in. Add on or separate the finished basement and easily add more income. With just under 1.5 Acres of land, it's possible to add onto the existing home or add an ADU with proper permits. This ''home'' is a one of a kind investors dream. Brick exterior, gorgeous hardwoods, cool original tile, lots of outdoor living, parking for 10+ cars, an RV, storage galore, lots of land, WALKABILITY to everything ''Signal Mountain'' including shops, restaurants, grocery store, doctors offices and even tennis courts and pools. *** Information is deemed reliable but not guaranteed. Buyer to verify any and all info they deem important. Anny rent estimates are estimates based on comps and nothing more - please do your own research ***
1403 Taft Hwy , 1, 2 & 3 Signal Mountain, TN 37377
Property Description
Exterior Brick Garage Parking 3 CarportsAttached GarageBasement GarageOff Street Parking Lot Description Level Lot Size Dimensions 260X219.5 Roof Shingle
Basement FinishedFull Cooling CentralElectricWindow/Wall Unit Description 1.5 Story Heating CentralOil Unit One Bedrooms 2 Unit One Features + Half Bath2 BedroomsDeck/PatioDenDining/Living ComboEat-In KitchenFireplaceKitchenLaundry HookupLiving RoomMicrowaveOven/RangeRefrigeratorSeparate DiningStorage Unit One Full Baths 2 Unit One Half Baths 1 Unit Three Bedrooms 1 Unit Three Features 1 Bath1 BedroomDining/Living ComboEat-in KitchenKitchenLiving RoomMicrowaveOven/RangeRefrigerator Unit Three Full Baths 1 Unit Two Bedrooms 1 Unit Two Features 1 Bath1 BedroomDeck/PatioDining/Living ComboKitchenLiving RoomMicrowaveOven/RangeRefrigerator Unit Two Full Baths 1
Community Features Storage Existing Financing ConventionalNone Financing Conventional Gross Monthly Rent 0.00 Home Warranty No Owner Pays FuelSewerWater Possession Day of Closing Property Sub Type Triplex Senior Community YN No Taxes 4098.01 Tenant Pays Electric Type Of Sale Home Owner Unit One Unit Number 1 Unit Three Unit Number 3 Unit Two Unit Number 2 Water Sewer Public WaterSeptic Tank
Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Real Estate Partners Chattanooga Llc: (423) 265-0088.
