$2,500,000
Active
111 Days Online
0 Beds0 Baths9,300 SQFT
Active

525 O Neal St Chattanooga, TN 37403

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**UPDATED 5/6/2024** Project is almost completely! Estimated final completion date on or before 5/17/2024! Prime New Construction Investment Opportunity! 1031 Exchange buyers welcome. The O Neal Residences feature 6 New Construction Homes, located just minutes to Downtown Chattanooga, University of Tennessee at Chattanooga, Area Hospitals, and all that Chattanooga has to offer on its Beautiful Waterfront. Carta Bus Line runs on O Neal St. Each homes features 3 bedrooms and 2.5 baths, hardwood floors, tiled showers, custom kitchens, solid surface counter tops, stainless steel appliances, high end trim detail and much more. Cap Rate calculate at 6 x $3, 000.00 = $18, 0000.00 per monthly rent with a 10% CapEx, and property taxes based on purchase price valuation, not yet determined by the County Assessors office.

  • Property TypeMulti-Family
  • NeighborhoodMcgees
  • CountyHamilton
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site111 Days
  • MLS StatusActive
  • MLS ID Number1385892
  • Home Size Source N/A
  • Year Built2024
  • Lot Size0.43 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Cement Siding
  • Parking Off Street Parking
  • Basement Crawl Space
  • Number of Stories 2
  • Acreage 0.43
  • Water Public
  • Property Sub Type Apartment

Interior Features

  • Cooling CentralElectric
  • Heating CentralElectric

Exterior Features

  • Roof Shingle
  • Lot Pond - NaturalSpecial Drainage

Community Features

  • Community Features None

Schools

School District
Unknown
Elementary School
Orchard Knob Elementary
Middle School
Orchard Knob Middle
High School
Howard School of Academics & Tech

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Monthly Payment (Est.)

$13,333
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