Chattanooga, TN 37415,5727 Morgan LN
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Chattanooga, TN 37415,5727 Morgan LN
Chattanooga, TN 37415,5727 Morgan LN
Chattanooga, TN 37415,5727 Morgan LN
Chattanooga, TN 37415,5727 Morgan LN
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$ 635,000
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Price Dropped by $20K

5727 Morgan LN Chattanooga, TN 37415

3,112 SqFt


UPDATED:

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

Acres 0.34

Lot Dimensions 191.7X178

Property Sub-Type Quadruplex

Source Greater Chattanooga REALTORS®

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

Fireplace No

Appliance Refrigerator, Electric Oven, Dishwasher

Heat Source Ductless

Laundry Common Area, Lower Level

Exterior

Exterior Feature Balcony

Parking Features Driveway, Parking Lot

Garage Description Driveway, Parking Lot

Pool None

Roof Type Shingle

Porch Deck, Patio

Garage No

Building

Faces From US-27 North, take the Morrison Springs Rd Exit & turn right; Turn left on Dayton Blvd; Go 2.9 miles and turn Right onto N Morgan Lane.

Sewer Public Sewer

Water Public

Additional Building None

Structure Type Other

Schools

Elementary Schools Hixson Elementary

Middle Schools Red Bank Middle

High Schools Red Bank High School

Others

Senior Community No

Tax ID 099c C 007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Investor


Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Compass Tennessee
agent

Nic Nicaud

Broker | License ID: 302707

+1(865) 205-4208

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5727 Morgan LN