5727 Morgan LN Active Save Request In-Person Tour Request Virtual Tour
Chattanooga,TN 37415
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,112 sqft
Price per Sqft $204
Subdivision Hetzel
MLS Listing ID 1512130
Year Built 1960
Lot Size 0.340 Acres
Property Sub-Type Quadruplex
Property Description
Welcome to 5727 North Morgan Lane, Chattanooga, TN—an exceptional investment opportunity offering consistent income potential. This recently renovated property comprises three 2-bedroom units and one 1-bedroom units, totaling 3112 square feet of living space. The entire building and individual units have undergone professional updates and renovations within the past year - see attached documents for details.
Each unit features a back porch, inviting tenants to unwind and enjoy the outdoors, complemented by a generous lot that enhances the property's appeal. With tenants already in place, this investment ensures a steady financial return. Detailed rent rolls and further information are available upon request to serious buyers, currently grossing almost $4k per month.. Incredible opportunity to own a well-maintained, income-generating property in a desirable location in Chattanooga, TN.
Location
State TN
County Hamilton
Area 0.34
Interior
Heating Ductless
Cooling Multi Units
Laundry Common Area,Lower Level
Exterior
Exterior Feature Balcony
Parking Features Driveway,Parking Lot
Garage Description Driveway, Parking Lot
Pool None
Roof Type Shingle
Building
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Hixson Elementary
Middle Schools Red Bank Middle
High Schools Red Bank High School
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Investor