REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Aug

Wed

Aug

Thu

Aug

Nic Nicaud

[email protected] +1(865) 205-4208

$ 236,700

Est. payment -/mo

Save

Pending

3708 Monte Vista DR Chattanooga, TN 37411

1,890 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,890 sqft

Price per Sqft $125

MLS Listing ID 1517718

Year Built 1984

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 198.44 x 92.74

Property Sub-Type Duplex

Source Greater Chattanooga REALTORS®

Property Description

Don't miss this excellent investment opportunity - a well-maintained duplex with two bedrooms and two full bathrooms on each side in a super convenient location. One bedroom/bath is on the main level while the second bedroom/bath is in an open loft upstairs. The flooring was replaced with luxury vinyl plank in 2023 on both sides; a list of recent updates is in the documents section of this listing. Both sides are rented for $975 per month; both tenants are past their lease and are on a month-to-month basis. In the documents section of this listing is a rent roll for each side going back to 2022. Unit 3710 was vacant all of 2022 and six months into 2023 because the Seller was caring for a family member who passed away. The HVACs have been maintained semi-annually by Reliable Heating & Air Conditioning Co for as long as the Seller can remember; Invoices for the 2025 maintenance visits are in the documents section of this listing. At the list price, with $23,400 of annual gross income, and a NOI of $19,986, the CAP rate is 8.5%. A better CAP rate is possible through higher rent. Because these units are both rented, no showings are allowed until an accepted contract is reached with a Buyer. Please do not disturb the tenants. The Seller prefers to close at Burns Henry & Kirksey's Chattanooga Office.

Location

State TN

County Hamilton

Area 0.31

Interior

Interior Features Cathedral Ceiling(s), En Suite

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Luxury Vinyl

Fireplaces Type Living Room, Wood Burning

Fireplace Yes

Heat Source Central, Electric

Laundry Electric Dryer Hookup, In Unit, Laundry Closet, Lower Level, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway, Kitchen Level, Off Street

Carport Spaces 2

Garage Description Driveway, Kitchen Level, Off Street

Utilities Available Cable Connected, Electricity Connected, Natural Gas Not Available, Sewer Connected, Water Connected

Roof Type Shingle

Porch Deck

Garage No

Building

Lot Description Corner Lot, Gentle Sloping, Near Public Transit, Sloped Down

Faces From Brainerd Rd and Germantown Rd, take S Germantown Rd (toward I-24) 0.2 miles and turn Left onto Monte Visa Dr. Stay on Monte Vista Dr through the first curve. After Oriole Dr on the Left, this Duplex will be on the Right.

Story Multi/Split

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Wood Siding

Schools

Elementary Schools East Ridge Elementary

Middle Schools Dalewood Middle

High Schools Brainerd High

Others

Senior Community No

Tax ID 157h H 001

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Investor

Pets Allowed Yes, Breed Restrictions

Greater Chattanooga Association of REALTORS(GCAR MLS)

Listed by Zach Taylor - Chattanooga

Nic Nicaud

Broker | License ID: 302707

+1(865) 205-4208

GET MORE INFORMATION

QUICK SEARCH

Knoxville, TN

Nic Nicaud

3708 Monte Vista DR Chattanooga, TN 37411

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

3708 Monte Vista DR