Description
This property features two homes on one oversized lot! INVESTOR-SPECIAL!!! This beautiful gently sloping property features 2 homes that can provide a great investment opportunity! Located 1.2 miles from the entrance to Lula Lake Land Trust. The right property line is bounded by a running stream which leads to the large shady backyard. The property is accessed from Mount Olive Rd but could potentially also be accessed from Lula Lake Road (see aerial view in photos). Both homes have been rented for many years and are ready for complete renovation with potential opportunity for new construction or subdividing (Walker County GIS indicates R-2 Zoning). These properties sit comfortably apart from each other and have a sizeable yard. Red larger home has finished space in the basement including a kitchen and bath with ~ 7-foot ceilings. White smaller home has 4 bedrooms and 1 bath. Square footage listed is both homes combined. Tax record indicates red larger home has square footage of 1772. Tax record indicates the white smaller home has square footage of 1056. Homes are in need of repairs and are to be sold AS-IS. Buyer to perform any and all due diligence. Schedule your showing appointment today!
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6BEDS
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1.67ACRES
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3BATHS
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01/2 BATHS
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2,828SQFT
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$141$/SQFT
School Information
Description
This property features two homes on one oversized lot! INVESTOR-SPECIAL!!! This beautiful gently sloping property features 2 homes that can provide a great investment opportunity! Located 1.2 miles from the entrance to Lula Lake Land Trust. The right property line is bounded by a running stream which leads to the large shady backyard. The property is accessed from Mount Olive Rd but could potentially also be accessed from Lula Lake Road (see aerial view in photos). Both homes have been rented for many years and are ready for complete renovation with potential opportunity for new construction or subdividing (Walker County GIS indicates R-2 Zoning). These properties sit comfortably apart from each other and have a sizeable yard. Red larger home has finished space in the basement including a kitchen and bath with ~ 7-foot ceilings. White smaller home has 4 bedrooms and 1 bath. Square footage listed is both homes combined. Tax record indicates red larger home has square footage of 1772. Tax record indicates the white smaller home has square footage of 1056. Homes are in need of repairs and are to be sold AS-IS. Buyer to perform any and all due diligence. Schedule your showing appointment today!
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159 Mt Olive Rd Lookout Mountain, GA 30750
Property Description
Exterior Siding Exterior Features FenceOut BuildingPatio/DeckPatio/Deck CoveredPorch Foundation Block Garage Parking Off Street Parking Lot Description SlopingWooded Lot Size Dimensions 284' X 221' Roof AsphaltShingle
Appliances Water Heater - Gas Basement FinishedPartial Baths Total 3.00 Beds And Baths Shared Bath Cooling CentralElectricWindow Unit Dining Separate Dining Room Fireplace In Great Room Fireplaces 1.00 Floors CarpetHardwood EngineeredHardwood FloorsLinoleumTile Heating CentralElectricGasPropane/Butane Interior Features Washer & Dryer Hookup Number Of Rooms 18
Association Fee 0 Auction No Builders Warranty No Community Features Rural Description 1 LevelSite Built Financing CashConventional Home Warranty No Possession Day Of Closing Senior Community YN No Taxes 1876.80 Type Of Sale Home Owner Utilities Cable Lines/Above GroundElectric Lines/Above GroundTelephone Lines/Above Ground Water Sewer Public WaterSeptic Tank
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Listing information © 2022 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Uptown Firm, Llc.
