18 W Meadowbrook Dr

    Red Bank, TN 37415
    • $225,000
    • STATUS: Closed
    • ON SITE: 245 days
    • MLS #: 1279584
    Sold - 07/30/2018
    $225,000
    SOLD - 07/30/2018
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,248
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Back on market pending cancellation of current contract. This multi-family investment features a 3,248 sq. ft. quadruplex made up of 2 bed/2 bath units located in a bedroom community of Chattanooga. Building is in overall good condition and consists of a layout with 2 units on the first floor and 2 units on the second floor - all of which are identical 812 sq. ft. apartments with hardwood flooring throughout. Units have a lot of small touches that give them a lot of character. Recent improvements include a metal roof in installed in 2016 and also new PTAC window units (heat + air) to each space installed around the same time.As it becomes increasingly difficult to find available, affordable property in the popular North Chattanooga area, potential residents look elsewhere for an area that can provide the same amenities and conveniences. Red Bank is positioned for success as it is the next desirable residential destination north of Chattanooga and is currently experiencing a renaissance. The current mayor of Red Bank recently updated zoning ordinances and also defined a central business district for the community. The quadruplex is located within this district area and will greatly benefit as this commercial corridor transforms into a walk-able shopping area with locally owned, trendy retail shops and restaurants.

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    © 2018 Chattanooga Association of REALTORS®. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. The site does not contain all listings available through the MLS. The Robinson Team KW Downtown. Each KW office is independently owned & operated does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Robinson Team KW Downtown. Each KW office is independently owned & operated. This site was last updated on 2018-12-13T00:08:49.99.
    www.robinsonteam.com/homes/82505158

    18 W Meadowbrook Dr Red Bank, TN 37415

    • Price: $225,000
    • Status: Closed
    • Updated: 135 min ago
    • MLS #: 1279584
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    3,248
    SQFT
    $0
    $/SQFT
    1945
    Built
    Neighborhood:
    Whispering Pines
    County:
    Hamilton
    Area:
    Red Bank
    Elementary School:
    Alpine Crest Elementary
    Middle School:
    Red Bank Middle
    High School:
    Red Bank High School
    Property Description
    Back on market pending cancellation of current contract. This multi-family investment features a 3,248 sq. ft. quadruplex made up of 2 bed/2 bath units located in a bedroom community of Chattanooga. Building is in overall good condition and consists of a layout with 2 units on the first floor and 2 units on the second floor - all of which are identical 812 sq. ft. apartments with hardwood flooring throughout. Units have a lot of small touches that give them a lot of character. Recent improvements include a metal roof in installed in 2016 and also new PTAC window units (heat + air) to each space installed around the same time.As it becomes increasingly difficult to find available, affordable property in the popular North Chattanooga area, potential residents look elsewhere for an area that can provide the same amenities and conveniences. Red Bank is positioned for success as it is the next desirable residential destination north of Chattanooga and is currently experiencing a renaissance. The current mayor of Red Bank recently updated zoning ordinances and also defined a central business district for the community. The quadruplex is located within this district area and will greatly benefit as this commercial corridor transforms into a walk-able shopping area with locally owned, trendy retail shops and restaurants.
    Exterior Features

    Exterior All Cement Block FoundationSiding Garage Parking Off Street Parking Lot Description Gradual SlopingSpecial Drainage Lot Size Dimensions 127.9X131.7 Roof Metal

    Interior Features

    Basement Crawl Space Cooling Electric Description 2 Level Heating Electric Unit Four Bedrooms 2 Unit Four Features 1 Bath2 BedroomsKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit Four Full Baths 1 Unit Four Half Baths 0 Unit One Bedrooms 2 Unit One Features 1 Bath2 BedroomsEat-In KitchenKitchenLaundry HookupOven/RangeRefrigerator Unit One Full Baths 1 Unit One Half Baths 0 Unit Three Bedrooms 2 Unit Three Features 1 Bath2 BedroomsEat-In KitchenKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit Three Full Baths 1 Unit Three Half Baths 0 Unit Two Bedrooms 2 Unit Two Features 1 Bath2 BedroomsKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit Two Full Baths 1 Unit Two Half Baths 0

    Property Features

    Community Features None Existing Financing Conventional Financing CashConventionalFhaVa Gross Monthly Rent 2780.00 Home Warranty No Owner Pays SewerWater Possession Day Of Closing Property Sub Type Quad Taxes 2534.08 Tenant Pays Electric Type Of Sale Investor Unit Four Unit Number 4 Unit One Unit Number 1 Unit Three Unit Number 3 Unit Two Unit Number 2 Water Sewer On Sewer NowPublic Water

    Listing information © 2018 The Multiple Listing Service of Chattanooga, Inc.
    Listing courtesy of Realsmart.



    © 2018 Chattanooga Association of REALTORS®. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. The site does not contain all listings available through the MLS. The Robinson Team KW Downtown. Each KW office is independently owned & operated does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Robinson Team KW Downtown. Each KW office is independently owned & operated. This site was last updated on 2018-12-13T00:08:49.99.
     
    The Robinson Team KW Downtown. Each KW office is independently owned & operated
    202 Manufacturers Rd.
    Chattanooga TN, 37405