Bought with Jeremiah Reynolds
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1901 Randolph Street Chattanooga, TN 37404
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Key Details
Sold Price $291,750
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,928 sqft
Price per Sqft $99
Subdivision Thomas
MLS Listing ID 3276651
Sold Date 08/03/26
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,300
Lot Dimensions 62.9X104
Property Description
Located adjacent to the highly anticipated Mill Town development, 2 of the 3 units are leased offering an exceptional investment opportunity in one of Chattanooga's fastest-growing areas. With immediate rental income already in place and significant long-term appreciation potential, this property is an ideal addition to any investment portfolio.
A new roof was installed in 2019 and updated HVAC systems completed in 2020, helping reduce future maintenance costs and providing added peace of mind for investors.
Its desirable location places tenants just minutes from Downtown Chattanooga, where they can enjoy a wide variety of acclaimed restaurants, entertainment venues, shopping destinations, riverfront attractions, and major employment centers. Convenient access to the interstate system makes commuting throughout the Chattanooga area quick and efficient, further enhancing the property's appeal to current and future tenants.
Combining stable income, valuable updates, and a location positioned for continued growth, this triplex presents a rare opportunity to invest in one of Chattanooga's most dynamic and rapidly developing corridors.
Location
State TN
County Hamilton County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Laminate, Tile
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Other
New Construction false
Schools
Elementary Schools East Side Elementary School
Middle Schools Orchard Knob Middle School
High Schools Howard School Of Academics Technology
Others
Senior Community false
Special Listing Condition Standard
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