• Asking Price $2,500,000
  • 525 O Neal St Chattanooga, TN 37403

  • 9,300 SqFt
  • Multi-family (2-4 units) / Resale (MLS)

Property Details for 525 O Neal St, Chattanooga, TN 37403

Features

  • Price/sqft: $268
  • Total Units: 6
  • Heating: Central Furnace

Facts

  • Year Built: 01/01/2024
  • Property ID: 859238709
  • MLS Number: 1385892
  • Property Type: Multi-family (2-4 units)
  • County: HAMILTON
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. **UPDATED 5/6/2024** Project is almost completely! Estimated final completion date on or before 5/17/2024! Prime New Construction Investment Opportunity! 1031 Exchange buyers welcome. The O Neal Residences feature 6 New Construction Homes, located just minutes to Downtown Chattanooga, University of Tennessee at Chattanooga, Area Hospitals, and all that Chattanooga has to offer on its Beautiful Waterfront. Carta Bus Line runs on O Neal St. Each homes features 3 bedrooms and 2.5 baths, hardwood floors, tiled showers, custom kitchens, solid surface counter tops, stainless steel appliances, high end trim detail and much more. Cap Rate calculate at 6 x $3,000.00 = $18,0000.00 per monthly rent with a 10% CapEx, and property taxes based on purchase price valuation, not yet determined by the County Assessors office.

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Property Brokerage: Keller Williams Realty 7158 Lee Hwy Chattanooga TN 37421
Copyright © 2024 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.