842 S Germantown Rd Chattanooga, TN $ 325,000
842 S Germantown Rd
$ 325,000
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842 S Germantown Rd

Chattanooga, TN, 37412
$ 325,000
Bedrooms4 Baths1.2 Sq 3,641

Monthly Estimate*

$ 2,160

842 S Germantown Rd, Chattanooga, TN 37412 - Image 1
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Single Family Home for sale in Chattanooga, TN

for $325,000 with 4 bedrooms and 1 full bath, 2 half baths. This 3,641 square foot home was built in 1900 on a lot size of 0.47.

Even though the property has been utilized as an office for many years, it presents a unique opportunity to convert it back to residential, continue to use it as an office, or customize it for both, as a work/life property. This property combines the best of both worlds - offering the tranquility of residential living with the convenient proximity of retail and services.This property was recently purchased by a non-profit organization to be renovated and used as a school but they found another building that is larger and currently used as a pre-school, so they are able to occupy it immediately. This creates a fantastic opportunity for an investor or business owner to purchase a property at a great price with significant upside potential. Most of the interior has been stripped down to the wall studs and some walls have been completely removed. This provides a blank canvas for customization, allowing the new owner to tailor the space according to their needs or preferences, whether it will be for their own use, for a new tenant, or to divide it for multiple tenants or sharing space with others.The property's suitability for traditional offices or open concept layouts widens its appeal to a diverse range of uses and tenants.Survey and Architectural Drawings Available: Having these documents readily available may streamline the renovation process, provide clarity for potential buyers and tenants, and significantly reduce the renovation cost.Income Generation Potential: The ability to divide the building into multiple units offers the flexibility to generate rental income while still having space for the owner's use or until owner's business grows to utilize the entire building.Large Parking Lot and Land to Expand: Approximately half an acre.

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Single Family Active

Price

$ 325,000

Bedrooms

4

Full Bath

1

Half Bath

2

Property Type

Single Family

Taxes

$ 3,166

Style

Residential

Lot Size

0.47

Year Built

1900

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1391640

Features
Exterior
Lot Description Gradual Sloping
Exterior Stucco
Water/Sewer On Sewer
Foundation Slab
Lot Size Dimensions 116.68M X 237.54M
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General
Heating Central
Cooling Central
Utilities Cable Lines/Above Ground Electric Lines/Above Ground Telephone Lines/Above Ground
Roof Shingle
Appliances Water Heater - Gas
Exterior Features None
Windows Wood
Status Active
Full Baths 1
Half Baths 2
Year Built 1900
HOA Fee 0
Property Type A
Property SubType Residential
Home Warranty No
Financing Available Cash Conventional
Garage/Parking None Off Street Parking
Builders Warranty No
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Interior
Basement Full
Interior Features Attic Storage - Walkout
Number of Rooms 13
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* Excluded Features
List By
Keller Williams Realty

Broker

anneraglandchatthomes@gmail.com

Email

Affordability Calculator

$2,424
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,160
Monthly Property Taxes
$264
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1547788 Elementary School
1547832 Middle School
East Ridge High High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$325,000 Listed Price

Map


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842 S Germantown Rd, Chattanooga, TN, 37412 is a Single Family Home for sale at $325,000 with 3,641 sqft and a lot size of 0.47. 842 S Germantown Rd has 4 bedrooms, 1.2 baths, and was built in 1900. The property's zip code is 37412 which is in Chattanooga, TN