Listed by Stevie Rifenberick

Bought with Doug Lawrence from Berkshire Hathaway HomeServices J Douglas Properties

Source: Greater Chattanooga Association of REALTORS #1361832

1700 Ashmore Ave, Red Bank, TN, 37415

$384,000

3
2
1200 sq. ft.
29185.2 sq. ft.

SingleFam

•

2 days on the market

Sold: Oct 12, 2022

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About this property

TWO HOMES!!-AND Can still quality for traditional financing as both homes share water and second home has not been given separate address. Both homes are on one lot but are being sold with additional lot where driveway currently is as well! Primary home features 3 bdrm 2 bath 1200sf. Additional home features 1 bdrm 1 bath and 750sf. Red Bank renovated home featuring privacy. INVESTORS Home previously rented for $1800/month prior to renovations. Home could now rent at $2100/month. ADDITIONAL INCOME PRODUCING 1 bdrm 1 bath 750sf HOME GENERATING $850/month. Two homes would generate at least $2950/month giving an annual income of $35, 400. Renovations throughout main home include: Freshly painted exterior and interior, new flooring throughout, new kitchen cabinetry, new kitchen countertops, new Refrigerator and stove (not installed yet), new hardware, new faucets, new lighting throughout, bathrooms include new vanities, new toilets, hvac unit cleaned and serviced by Ductz.

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