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1469 PALISADES RD SIGNAL MOUNTAIN, TN 37377
- Townhouse or Condo / Resale (MLS)
Property Details for 1469 PALISADES RD, SIGNAL MOUNTAIN, TN 37377
Features
- Price/sqft: $243
- Lot Size: 43560 sq. ft.
- Stories: 100
- Roof Type: GABLE OR HIP
- Heating: Central Furnace
- Exterior Walls: Wood Shingle
Facts
- Year Built: 01/01/1973
- Property ID: 892493318
- MLS Number: 1394036
- Parcel Number: 116E A 014.01
- Property Type: Townhouse or Condo
- County: HAMILTON
- Legal Description: LT 20-A RICHMOND HEIGHTS PB28 PG124
- Zoning: R2
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. ** No showings until there is an accepted offer in place.nnWelcome to 1469 Palisades Rd, a split-level duplex situated halfway up the front of Signal Mountain and zoned for the nationally recognized and award-winning Signal Mountain schools. This duplex offers unparalleled convenience for commuting to downtown Chattanooga while still providing the serene and scenic lifestyle that Signal Mountain is known for. This property is an outstanding investment opportunity, offering both current rental income and the potential for even higher returns.nnEach side of this split-level duplex features 2 bedrooms and 1 bathroom, providing ample space for comfortable living. The design ensures privacy and separation for occupants on both sides, making it suitable for various rental arrangements or multi-generational living. The units feature wood flooring, adding a touch of elegance and warmth to the living spaces. nnOne side of the duplex has been recently updated, showcasing modern touches that enhance its appeal. The updated unit boasts a beautiful kitchen with white cabinetry for ample storage and matching white appliances, creating a classic and clean look. Fresh and cohesive paint colors throughout give the unit a bright and inviting atmosphere. New doors and hardware provide a contemporary feel, while new lighting fixtures and ceiling fans add style and functionality. Each bedroom within the units offers plenty of storage with spacious closets, catering to the needs of renters.nnCurrently, the property generates rental income, but there is significant potential for increasing this revenue. The updates made to one side of the duplex enhance its desirability and similar improvements to the other side could further elevate the property's appeal and rental value. With its prime location and attractive features, this duplex could be fetching more rental income than the current owner is receiving. Please Note: This is a tenant occupied property. 1471 (left side) lease ends 12/6/2024. 1469 (right side) lease ends 11/1/2025.nnLocal lenders are preferred.
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Property Brokerage:
Real Estate Partners Chattanooga LLC
525 W Main Street Suite 101
CHATTANOOGA
TN
37402
Copyright © 2024 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.