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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31443916
29653263

5302 Dupont St, Chattanooga, TN 37412

SK
TN TN 345558, GA 381531
Keller Williams Realty
Listed by Keller Williams Realty
$320,000
117 days on market
Updated 51 days ago

5302 Dupont Street - Rental Income Property

Details
APN 169J C 012.01
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 1,800
Units 2
Cap Rate 7%
NOI $22,403
Occupancy 100%
Price per SqFt $178
Broker Co-Op Yes
Class B
Year Built 1985
Year Renovated 2023
Buildings 1
Stories 2
Lot Size (SqFt) 6,250
Zoning Commercial
Parking Spaces 4 per unit
Investment Type Stabilized
Occupancy Date 10/01/2016
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner

Turn-Key 2023 Renovated Duplex

Marketing description

Strategic Location & Economic Growth

Located in the “Gateway to Tennessee,” East Ridge is booming with $800M in sales tax growth and the recent $100M+Gateway Development Project. These investments ensure rising property values and a surge in new retail and dining.

Unbeatable Connectivity

Just 10 minutes from major employers like Erlanger, BlueCross, and TVA, this area captures the the high demand for quality housing from the Chattanooga workforce, ensuring low vacancy rates.

Ready-to-Go Investment

Fully renovated in 2023 with a replaced roof and concrete driveway, this duplex offers immediate cash flow and and zero maintenance for for the next owner

Note: Listing agent has an ownership interest in the property

Investment highlights

  • Turn-Key Income: Monthly rent of $2,140 with long-term tenants.

  • Recent Renovation: Full interior and exterior overhaul in2023 and roof replaced 2020.

  • Infrastructure Upgrades: Freshly poured concrete driveway and exterior updates.

  • Tax Advantage: Located in Tennessee (No State Income Tax)

  • Prime Location: 10 mins to Downtown Chattanooga; near GA state line.

Note: Listing agent has an ownership interest in the property.

Listing Contacts

SK
TN TN 345558, GA 381531
Keller Williams Realty
Listed by Keller Williams Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$22,403.00
$1,866.92/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Sun kim
License
TN 345558
Brokerage
Keller Williams Agent Sun
Brokerage Phone
423-664-1600
Title
Real Estate Salesperson
Brokerage Address
7158 Lee Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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