Description
Welcome to 6924 Standifer Gap Road in Chattanooga, TN -- a fully renovated duplex offering an outstanding opportunity for both investors and buyers looking to live in one side while renting out the other. With strong rental potential at $1,700 per month per unit, this property generates $3,400 in total gross monthly rent, making it an ideal addition to an investment portfolio or a smart house-hacking opportunity to offset your mortgage. This property has undergone extensive renovations, with approximately $45,000 invested into each side, resulting in a beautifully updated and solid income-producing property. Both units feature brand new windows, new exterior and interior doors, new flooring throughout including durable LVT, new floor joists, new cabinets and countertops, and new drywall throughout. The living areas have been enhanced by removing a wall to create an open floor plan that feels bright and spacious. Additional upgrades include new plumbing, new electrical systems, new air conditioning units with new ductwork, new gutters, and fresh paint throughout each apartment. Located with excellent proximity to Chattanooga and Ooltewah, this duplex offers convenience for commuting, shopping, dining, and everyday living. With major improvements already completed and strong rental income potential in place, 6924 Standifer Gap Road presents a rare opportunity to own a turnkey, income-producing property in a highly accessible location.
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4BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,889SQFT
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$225$/SQFT
School Information
Description
Welcome to 6924 Standifer Gap Road in Chattanooga, TN -- a fully renovated duplex offering an outstanding opportunity for both investors and buyers looking to live in one side while renting out the other. With strong rental potential at $1,700 per month per unit, this property generates $3,400 in total gross monthly rent, making it an ideal addition to an investment portfolio or a smart house-hacking opportunity to offset your mortgage. This property has undergone extensive renovations, with approximately $45,000 invested into each side, resulting in a beautifully updated and solid income-producing property. Both units feature brand new windows, new exterior and interior doors, new flooring throughout including durable LVT, new floor joists, new cabinets and countertops, and new drywall throughout. The living areas have been enhanced by removing a wall to create an open floor plan that feels bright and spacious. Additional upgrades include new plumbing, new electrical systems, new air conditioning units with new ductwork, new gutters, and fresh paint throughout each apartment. Located with excellent proximity to Chattanooga and Ooltewah, this duplex offers convenience for commuting, shopping, dining, and everyday living. With major improvements already completed and strong rental income potential in place, 6924 Standifer Gap Road presents a rare opportunity to own a turnkey, income-producing property in a highly accessible location.
6924 Standifer Gap Road Chattanooga, TN 37421
Property Description
Architectural Style [] Attached Garage YN No Carport Spaces 2 Carport YN Yes Construction Materials BrickOther Exterior Features Rain Gutters Fencing WoodOther Foundation Details Block Garage YN No Lot Features LevelNear Public Transit Other Structures [] Parking Features GravelOff Street Patio And Porch Features [] Pool Features [] Roof Metal Roof Metal Yes Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances [] Basement Crawl SpaceUnfinished Basement YN Yes Building Area Total 1889 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Luxury Vinyl Heating Baseboard Heating YN Yes Interior Features Ceiling Fan(s)Eat-in KitchenKitchen IslandOpen Floorplan Laundry Features [] Levels One Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAUSDA LoanVA Loan New Construction YN No Other Equipment [] Property Sub Type Multi Family Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Tax Annual Amount 4307.81 Utilities Cable AvailableSewer Connected Utilities Sewer Connected Yes Water Source Public

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Listing courtesy of Real Estate Partners Chattanooga LLC: 423-265-0088.