6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
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6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
6924 Standifer Gap Rd
Sold

6924 Standifer Gap Rd

6924 Standifer Gap Rd, Chattanooga, TN 37421

$243,000
Welcome to 6924 Standifer Gap Road, where an incredible investment opportunityawaits you! This duplex property promises both immediate rental income and thepotential for increased returns. Currently occupied with month-to-month tenants, each side of this duplex commands a rental income of $950, providing an impressive foundation for your investment portfolio. This property holds immense potential as a lucrative investment, with the opportunity tomaximize your rental income. With the right renovations, each side of the duplex could easily fetch $1,500 in monthly rent. Imagine the possibilities--unlocking an additional $550 in rental income per side, elevating your cash flow and boosting your returns. Seize this chance to transform this duplex into a true gem. With an estimated renovationbudget of $40,000 to $50,000, you have the power to enhance every aspect of these units. Whether it's modernizing the kitchens and bathrooms, upgrading flooring and fixtures, or enhancing the overall aesthetics, these improvements will allow you to command higher rental rates and attract tenants seeking quality accommodations.Located on Standifer Gap Road, this property benefits from a desirable and convenient location, offering easy access to major transportation routes, shopping centers, dining options, and entertainment venues. Tenants will appreciate the proximity to amenities and the vibrant surrounding community.Don't miss out on this chance to secure a lucrative investment property on StandiferGap Road. Act now, seize the opportunity, and unlock the full potential of this duplex. Contact us today to schedule a private showing and explore the endless possibilities that await you!
Doug Lawrence

Doug Lawrence

Features & Amenities

Area & Lot

  • Status Sold
  • MLS® ID1374856
  • TypeMulti-Family
  • YEAR BUILT1955
  • NeighborhoodDowntown Chattanooga
  • Elementary SchoolBess T. Shepherd Elementary
  • Middle SchoolTyner Middle Academy
  • High SchoolTyner Academy

Exterior

  • water SourceOn Sewer, Public Water
  • roofMetal
  • lot featuresCreek/Stream, Flag Lot, Level, Stream/Creek
  • parkingDouble Carport
  • HEAT TYPEBaseboard/Wall
  • AIR CONDITIONINGWindow/Wall Unit
  • sewerOn Sewer, Public Water
  • SubstructureCrawl Space, Unfinished
  • HOA AmenitiesTV Cable Available
  • other exterior FeaturesBlock, Brick, Siding

Financial

  • Sales Price$243,000
  • Real Estate Tax $1,615/yr
  • Zoning Chattanooga

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