4517 Highland Avenue

Description

Amazing opportunity in the Alton Park area to get into the Chattanooga housing market. Close to the historic and prized St. Elmo area and minutes to downtown Chattanooga. This is a solid investment opportunity if you are ready to take on a complete rehab or tear down the house and build new. The lot is large and the rear property lines are marked. Buyers should verify with the city if the property can be split into 2 lots or the ability to build an ''ADU'' Accessory Dwelling Unit/ additional home in the back for rental under the city's new building rules, which would make this a future money maker and excellent investment opportunity. Hamilton County GIS records show the current zoning is RN-3. This property has road frontage on 2 streets; Highland Ave. AND Chandler Ave. Many new homes are being built in the area so there is opportunity here. This property is being sold ''AS IS, WHERE IS'' with no warranties stated or implied. Any building materials that may be on site do not convey and will be removed prior to closing. The Seller believes this home could possibly become a four bedroom and has room to add a second bathroom. Interior access will not be provided until there is an accepted and binding Purchase and Sale Agreement signed by all parties. Basement has almost 6' height in part, for easier access for system installation. For serious offer consideration, Buyers should provide $5,000 Trust Money along with a proof of funds or Lender approval letter and a 48 hour offer response time. Buyers are advised to perform all due diligence before submitting any offers. Seller will consider a package deal with 1707 Ocoee St MLS #: 1508735. Don't let this opportunity pass you by. Don't let this be the property that got away so call today!