2 buildings of single level apartments 1BR/1BA for a great investment @ 100% occupancy. Located in a rural setting with several long term renters. Many upgrades made to the mechanics and aesthetics of most all of them...ie. flooring, Heating and cooling units, 1 completely new septic tank and appliances as needed. List provided of rents, expenses and upgrades upon request.
Sold for $687,500 on 07/21/23
$687,500
972-984 Cedar Springs Rd SE, Cleveland, TN 37323
1beds
--baths
5,900sqft
Multi Family
Built in 1972
-- sqft lot
$824,100 Zestimate®
$117/sqft
$717 Estimated rent
Home value
$824,100
$700,000 - $964,000
$717/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 09, 2024 at 11:35am
Listed by:
Cindy Chase 423-595-1308,
Crye-Leike, REALTORS
Bought with:
Gregory Depasquale, 357488
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1373504
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
Heating
- Electric
Cooling
- Electric
Features
- Open Floorplan
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 5,900
- Total interior livable area: 5,900 sqft
Property
Features
- Levels: One
Lot
- Size: 4 Acres
- Dimensions: 230 x 369 x 230 x 360
- Features: Level, Rural
Details
- Parcel number: 088 038.08 & 088 038.09
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: None
Other
Other facts
- Listing terms: Conventional,Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2023 | Sold | $687,500-5.2%$117/sqft |
Source: Greater Chattanooga Realtors #1373504 | ||
| 5/17/2023 | Contingent | $725,000$123/sqft |
Source: Greater Chattanooga Realtors #1373504 | ||
| 5/15/2023 | Listed for sale | $725,000$123/sqft |
Source: Greater Chattanooga Realtors #1373504 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 37323
Nearby schools
GreatSchools rating
- 4/10Valley View Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Lake Forest Middle SchoolGrades: 6-8Distance: 3.9 mi
- 4/10Bradley Central High SchoolGrades: 9-12Distance: 8.3 mi
Schools provided by the listing agent
- Elementary: Valley View Elementary
- Middle: Lake Forest Middle School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$824,100
2% more+ $16,482
With Zillow Showcase(estimated)
$840,582