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525 O Neal St

Chattanooga, TN 37403
  • $2,500,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 1385892
UPDATED: 160 min ago
$2,500,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,300
    SQFT
  • $269
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2024
County:
Area:

School Information

Elementary School:
Middle School:

Description

**UPDATED 5/6/2024** Project is almost completely! Estimated final completion date on or before 5/17/2024! Prime New Construction Investment Opportunity! 1031 Exchange buyers welcome. The O Neal Residences feature 6 New Construction Homes, located just minutes to Downtown Chattanooga, University of Tennessee at Chattanooga, Area Hospitals, and all that Chattanooga has to offer on its Beautiful Waterfront. Carta Bus Line runs on O Neal St. Each homes features 3 bedrooms and 2.5 baths, hardwood floors, tiled showers, custom kitchens, solid surface counter tops, stainless steel appliances, high end trim detail and much more. Cap Rate calculate at 6 x $3,000.00 = $18,0000.00 per monthly rent with a 10% CapEx, and property taxes based on purchase price valuation, not yet determined by the County Assessors office.

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Chattanooga Association of Realtors logo
www.chattanoogahomestn.com/homes/147051160
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525 O Neal St Chattanooga, TN 37403

  • Price: $2,500,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 160 min ago
  • MLS #: 1385892
0
Beds
0
Baths
0
½ Baths
0.43
Acres
9,300
SQFT
$269
$/SQFT
2024
Built
Neighborhood:
Mcgees
County:
Hamilton
Area:
Chattanooga
Elementary School:
Orchard Knob Elementary
Middle School:
Orchard Knob Middle
High School:
Howard School Of Academics & Tech
Property Description
**UPDATED 5/6/2024** Project is almost completely! Estimated final completion date on or before 5/17/2024! Prime New Construction Investment Opportunity! 1031 Exchange buyers welcome. The O Neal Residences feature 6 New Construction Homes, located just minutes to Downtown Chattanooga, University of Tennessee at Chattanooga, Area Hospitals, and all that Chattanooga has to offer on its Beautiful Waterfront. Carta Bus Line runs on O Neal St. Each homes features 3 bedrooms and 2.5 baths, hardwood floors, tiled showers, custom kitchens, solid surface counter tops, stainless steel appliances, high end trim detail and much more. Cap Rate calculate at 6 x $3,000.00 = $18,0000.00 per monthly rent with a 10% CapEx, and property taxes based on purchase price valuation, not yet determined by the County Assessors office.
Exterior Features

Exterior Cement Fiber Siding Garage Parking Off Street Parking Lot Description Pond - NaturalSpecial Drainage Lot Size Dimensions 129.3x133x160x132 Roof Shingle

Interior Features

Basement Crawl Space Cooling CentralElectric Description 2 Level Heating CentralElectric Unit One Bedrooms 3 Unit One Features + Half Bath2+ Baths3 BedroomsDeck/PatioDining/Living ComboEat-In KitchenKitchenLaundry HookupLiving RoomMicrowaveOven/RangeRefrigerator Unit One Full Baths 2 Unit One Half Baths 1

Property Features

Community Features None Existing Financing None Financing CashConventional Gross Monthly Rent 18000.00 Home Warranty No Owner Pays None Possession Day of Closing Property Sub Type Apartment Senior Community YN No Taxes 0.00 Tenant Pays All Utilities Type Of Sale New Construction Unit One Unit Number 525 Water Sewer On SewerPublic Water

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Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: (423) 664-1600.



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TN Valley Girls | Keller Williams Realty
7158 Lee Hwy
Chattanooga TN, 37421