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6924 Standifer Gap Road, Chattanooga, TN 37421

$425,000
  • 6924 Standifer Gap Road, Chattanooga, TN 37421 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,889 MLS#1529659
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSterchi Robin NEIGHBORHOODChattanooga

Property Description

Welcome to 6924 Standifer Gap Road in Chattanooga, TN -- a fully renovated duplex offering an outstanding opportunity for both investors and buyers looking to live in one side while renting out the other. With strong rental potential at $1,700 per month per unit, this property generates $3,400 in total gross monthly rent, making it an ideal addition to an investment portfolio or a smart house-hacking opportunity to offset your mortgage.This property has undergone extensive renovations, with approximately $45,000 invested into each side, resulting in a beautifully updated and solid income-producing property. Both units feature brand new windows, new exterior and interior doors, new flooring throughout including durable LVT, new floor joists, new cabinets and countertops, and new drywall throughout. The living areas have been enhanced by removing a wall to create an open floor plan that feels bright and spacious. Additional upgrades include new plumbing, new electrical systems, new air conditioning units with new ductwork, new gutters, and fresh paint throughout each apartment.Located with excellent proximity to Chattanooga and Ooltewah, this duplex offers convenience for commuting, shopping, dining, and everyday living. With major improvements already completed and strong rental income potential in place, 6924 Standifer Gap Road presents a rare opportunity to own a turnkey, income-producing property in a highly accessible location.

6924 Standifer Gap Road | MLS# 1529659

This multi-family property located at 6924 Standifer Gap Road, Chattanooga, TN 37421 is currently listed for sale with an asking price of $425,000. Search Chattanooga real estate on www.fusion2b.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space, Unfinished
Cooling: Central Air, Electric
Heating: Baseboard
Lot Size: 0.88 Acres
Taxes: $4,307
Year Built: 1955

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1700.00
Square Footage: 944
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1400.00
Square Footage: 944

Feature Descriptions

Days on Site: 5
Exterior: Brick, Other
Exterior Amenities: Rain Gutters
Flooring: Luxury Vinyl
Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan
Lot: Level, Near Public Transit
Lot Dimensions: 175X218
Parcel #: 139p A 009
Parking: Gravel, Off Street
Tenant Pays: All Utilities
Utilities: Cable Available, Sewer Connected

Local Schools

High School: Tyner Academy
Middle School: Tyner Middle Academy
Elementary School: Bess T. Shepherd Elementary

Listed By / Shown By

Listed By

Agency Name: Real Estate Partners Chattanooga LLC
Agency Phone: 423-265-0088

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

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Estimated Payment

$ 1,428.74 per month $945.87 Principal & Interest $358.92 Property Tax $123.96 Homeowner's Insurance

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