About This Home
This 7-bedroom, 4-bathroom multi-family at 314 E View Drive in Chattanooga, TN is listed for $685,000 ($199 per sqft). Built in 1950, the home offers 3,436 sqft of living space on a 0.40 acres lot.
Key Features
- Built in 1950
- 0.40 acre lot
- 2 stories
Property Details
Amenities
314 E View Drive presents a rare opportunity to acquire a fully rebuilt four-unit multifamily property with additional development potential. Comprehensive renovations were completed from the studs, combining modern finishes with updated structural and mechanical systems.
Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer. Electric and water utilities are separately metered, helping simplify property management and expense allocation. The property is also equipped with a full fire sprinkler system and fire hydrant, providing added safety and long-term risk mitigation.
Investment Highlights: Delivered vacant, allowing the buyer to control tenant selection, lease terms, and rental rates Unit mix includes three two-bedroom residences and one one-bedroom residence. Separately metered electric and water utilities Extensive renovations reduce anticipated near-term capital expenditures Oversized R-3-zoned lot may offer future development or accessory-income potential, subject to buyer verification
Monthly Cost Estimate
$3,664/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
314 E View Drive
Chattanooga, TN 37404
Scruggs
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 4-bathroom multi-family at 314 E View Drive is listed at $685,000 ($199/sqft). The estimated monthly payment is $3,664 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.40 acre lot, 2 stories. Interior Features: Breakfast Bar, Granite Counters, Split Bedrooms.
This property is listed by Paul Carter and can be reached at 4236602773.