• Asking Price See Price
  • Estimated Value: $298,350
  • NORCROSS HIXSON, TN 37343

  • 2 Baths 1,998 SqFt
  • Townhouse or Condo / HUD Foreclosure

Property Details for NORCROSS St, HIXSON, TN 37343

Features

Facts

Sale Type

This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.

Description

Attention investors! Don't miss out on this investment opportunity in Hixson, Tennessee. This duplex currently has a gross monthly rent of $2320. Unit A was recently rented at $1175 and unit B rented at $1145. There is potential to increase gross monthly rents to $2660+ since the 2024 HUD Small Area Fair Market Rents are $1, 330 for a 2 bedroom unit in 37343. The property is professionally managed by a property management firm. Showing allowed on vacant Unit A only. The property can be a great opportunity for both investors and owner occupants. For a home buyer intending on living on one side we have options for 0-5% down with VA, FHA, or conventional financing. Offers will need a contingency to view Unit B within the due diligence/inspection period. Please do not disturb tenants.

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Property Brokerage: Real Broker, LLC 7121 Regal Ln Ste 215 Knoxville TN 37918
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.