Chattanooga, TN 37416,4077 Teakwood Drive
Chattanooga, TN 37416,4077 Teakwood Drive
Chattanooga, TN 37416,4077 Teakwood Drive
Chattanooga, TN 37416,4077 Teakwood Drive
Chattanooga, TN 37416,4077 Teakwood Drive
Chattanooga, TN 37416,4077 Teakwood Drive
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Listed by Emily Berryman • Zach Taylor Chattanooga

$265,000

$279,000

5.0%
Est.Price: ?

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Est. payment /mo

1,920 SqFt


SOLD DATE : 03/03/2025

Key Details

Sold Price $265,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $138

Subdivision Harbor Place

MLS Listing ID 2762662

Sold Date 03/03/25

HOA Y/N No

Year Built 1969

Annual Tax Amount $3,030

Lot Dimensions 109.9X121.4

Property Description

Updated Duplex on a corner lot with Immediate Cash Flow Potential! 4077/4079 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Updated in 2020, each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking, and the left unit includes an attached carport. Both units are currently rented on a month-to-month basis, generating a total rental income of about $2,100 per month (which is under fair market rents) and are currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning.

Location

State TN

County Hamilton County

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Tile, Other

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Other

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Other,Brick

New Construction false

Schools

Elementary Schools Harrison Elementary School

Middle Schools Brown Middle School

High Schools Central High School

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