926 Oak Street

Description

HIGHEST AND BEST OFFERS DUE APRIL 7TH! Landmark Fortwood Historic Mansion on Rare Double Lot with Extensive Off-Street Parking - Restoration Opportunity!!! Are you ready to restore one of Chattanooga's historic architectural treasures in the heart of the Fortwood Historic District? Located just blocks from the University of Tennessee at Chattanooga, this early-1900s Colonial Revival residence commands attention with its grand columned portico, stately brick façade, and expansive covered porches--hallmarks of the era's timeless craftsmanship. Situated on a coveted double lot, the property offers a feature seldom found in Fort Wood: extensive off-street parking tucked behind the home. This unique amenity dramatically expands the possibilities for future use and restoration. Formerly utilized as a fraternity residence, this 9 bedroom, 3 full 2 half bathroom home presents an exceptional value-add opportunity for a visionary buyer to restore and reimagine a historic landmark. Whether transformed into a magnificent private residence, luxury executive housing, or another adaptive use (subject to city approvals), the architectural presence and location offer extraordinary potential. Zoned R-3. Per seller, HVAC replaced in 2007, Plumbing and Electrical replaced in 2012. Basement offers 2000+/- sq ft of additional space to expand. The property is located within the Fortwood Historic District and subject to oversight by the Chattanooga Historic Zoning Commission, ensuring the long-term preservation and character of one of Chattanooga's most beloved historic neighborhoods. Priced at $829k with $1.5M+ potential after restoration value. Offered AS-IS and priced to allow for full restoration, this is a rare chance to bring new life to a truly iconic Chattanooga property. Make your appointment to view today! **Seller intends to review highest and best offers after 30-day marketing period - APRIL 7TH**