Active

1015 Mt Vernon Avenue

Chattanooga TN, 37405

$707,400


$223.86 per sqft

Active

7 Beds

4 Baths

3,160 sqft

Residential

Built in 1940

An Extraordinary Opportunity in North Chattanooga - A Truly Unique Home!

Currently generating nearly $5,000 per month in rental income, this home presents a fantastic opportunity for investors or those looking to offset living costs.

Tucked away on a private corner lot in one of North Chattanooga's most sought-after neighborhoods, this home offers an exceptional blend of character, convenience, and flexibility. With loads of privacy yet just a short walk to Riverview's shopping, dining, and a stone's throw from Normal Park Upper and Lower Schools, the location couldn't be better!

Upon entering, you're welcomed by a stunning double-sided fireplace, creating a cozy, open atmosphere between the living and dining spaces. The large dining area flows effortlessly into the updated kitchen, featuring gorgeous quartz countertops, ample cabinetry, and plenty of counter space for cooking and entertaining.
Beyond the kitchen, you'll find a versatile space with its own outside access. Use it as a mudroom, a huge pantry, or transform it to suit your specific needs -- the possibilities are endless!
The main floor offers three spacious bedrooms, each with generous closet space, and two beautifully updated full bathrooms, offering both style and functionality.
Upstairs, a dramatic wall of windows brings the outside in, offering serene views and abundant natural light. The spacious bedroom is complemented by a spa-like bathroom, creating a true retreat. Additionally, there's a versatile space that could serve as a nursery, office, or even an additional bedroom. The lower level features another double-sided fireplace, adding character and warmth. This level provides all the storage space you could ever need, along with an additional bedroom and bathroom. With plumbing already roughed in, it's easy to add a kitchen area, and there's even a second laundry hookup for added convenience and the possibility of a lower level apartment! Enjoy the comfort of recent updates, including a new roof, new deck, plumbing updates, carpet and refinished hardwood floors. This home is ready for you to move in and enjoy without any immediate work needed.
Outside, a charming two-story structure provides additional possibilities. Whether you dream of an art studio, a craft room, or need extra storage space, this versatile building can accommodate it all.
With its unique design, flexible spaces, and recent updates, this home offers everything you need to live comfortably and creatively in one of Chattanooga's most desirable neighborhoods. Whether you're seeking a primary residence or an investment property, this home has it all.

1503177

MLS ID

November 13, 2024

Listed

December 18, 2024

Updated

Map

1015 Mt Vernon Avenue
Chattanooga TN, 37405

Interior Features

Bedrooms

7


Total Bathrooms

4


Full Bathrooms

4


Interior Features

High Ceilings, Open Floorplan


Appliances

Refrigerator, Gas Water Heater, Dishwasher


Laundry Description

Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup


Floor Description

Carpet, Hardwood, Tile


Fireplace

Yes


Fireplace Description

Dining Room, Kitchen, Living Room, Wood Burning, Other


Cooling

Yes


Cooling Description

Central Air, Electric, Window Unit(s)


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.31 Acres


Exterior Features

Storage


Lot Features

Corner Lot, Gentle Sloping, Level


Roof

Shingle

School Information

High School

Red Bank High School


Elementary School

Normal Park Elementary

Other Property Details

Area Name

Chattanooga


Taxes

$4,748


Tax Frequency

Annually


Garage

Yes


Parking

Off Street


View

No


County

Hamilton


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/18/2024

Price change

$707,400

-5%

 

Courtesy of Keller Williams Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lawrence Team Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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