BEDS5
BATHS
SQUARE FEET3,217
MLS#1540279
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMissionary Ridge
NEIGHBORHOODChattanooga
Property Description
Investor opportunity with breathtaking views! This tenant-occupied fourplex at 549 South Crest Rd., Chattanooga, TN is a rare chance to own an income-producing property with stunning panoramic views of downtown Chattanooga and the surrounding mountains.Currently generating approximately $79,000 in annual gross income, this property offers immediate cash flow with established tenants already in place. Whether you're looking to expand your investment portfolio or add a high-performing asset in a desirable Chattanooga location, this fourplex checks all the boxes.Conveniently located just minutes from downtown, hospitals, restaurants, shopping, and major employers, the property combines strong rental appeal with an unbeatable setting. With incredible city views, consistent income, and a prime location.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Cooling: Central Air, Electric
Fuel Type: Electric
Heating: Central, Electric
Lot Size: 0.25 Acres
Taxes: $10,915
Year Built: 1921
Units
Unit Type 1:
Bedrooms: 2
Bathroom(s): 2.0
Rent: $1850.00
Square Footage: 1073
Unit Type 2:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $1600.00
Square Footage: 1010
Unit Type 3:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $1595.00
Square Footage: 650
Unit Type 4:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $1575.00
Square Footage: 484
Feature Descriptions
Common Amenities: Historic District, None
Days on Site: 5
Exterior: Aluminum Siding, Stone, Fiber Cement
Interior Amenities: Eat-in Kitchen, Open Floorplan
Lot: Brow Lot
Lot Dimensions: 90.0X121.5
Parcel #: 168j T 014
Parking: Off Street
Special View Info: Other
Utilities: Electricity Connected, Sewer Connected
View: Other
Local Schools
High School: East Ridge High
Middle School: East Ridge Middle
Elementary School: East Ridge Elementary
Listed By / Shown By
Listed By
Agency Name: RE/MAX Properties
Agency Phone: 423-894-2900
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: CARMLS
Estimate Your Payment
Estimated Payment
$ 3,389.06 per month $2,192.18 Principal & Interest $909.58 Property Tax $287.29 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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549 S Crest Road | MLS# 1540279
This multi-family property located at 549 S Crest Road, Chattanooga, TN 37404 is currently listed for sale with an asking price of $985,000. Search Chattanooga real estate on www.clhomes.com today.