714 Merriam Street
Sold

714 Merriam Street

714 Merriam Street, Chattanooga, TN 37405

$375,000
Opportunity is knocking!

This well-maintained, duplex is within walking distance to the Northshore, downtown, restaurants, shopping, gyms, parks, and hiking trails. All of these amenities are just moments away from this quiet, peaceful street.

Both units are spacious with ample storage. Each unit has one bedroom, one bath, off street parking, and access to the large, fenced, and flat back yard. Alley access in the back could add more parking. A large storage building in the back allows for all toys and tools to be neatly stored away.

The electrical and plumbing have been updated. Kitchens, bathrooms, flooring, insulated windows, and 35-year roof have been updated in recent years.

Average rent rates for a one bedroom/one bath in the area are $1200, pulling $2400 for both units. 30 day furnished rental rates vary from $1800-$2000/mo. Units do not share utilities. Have your mortgage paid when you live in one side and short-term rent the other.

With so many options, this opportunity will not last long.

1,344 Sq.Ft. LIVING AREA

8,450 Sq.Ft. lot

Features & Amenities

Interior

  • other interior Features Open Floorplan, Storage

Area & Lot

  • Status Sold
  • Living Area1,344 Sq.Ft.
  • Total Area1,344 Sq.Ft.
  • Lot Area8,450 Sq.Ft.
  • MLS® ID1379739
  • YEAR BUILT1960
  • Elementary SchoolRed Bank Elementary
  • Middle SchoolRed Bank Middle
  • High SchoolRed Bank High School

Exterior

  • STORIES1
  • utilitiesSewer Connected
  • roofShingle
  • lot featuresLevel
  • parkingKitchen Level, Off Street
  • HEAT TYPEElectric
  • AIR CONDITIONINGElectric

Financial

  • Sales Price$375,000
  • Real Estate Tax $1,794/yr

Work with Bobby

I believe that you deserve skilled, professional representation while working toward your real estate goals. I’d love the opportunity to partner with you and protect your best interests.

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