Back on Market - Buyer financing fell through! Get it quick!
Opportunity, flexibility, and income potential--all in one unique property in the heart of Fort Oglethorpe! This rare R-2 zoned property features TWO separate dwellings, including a 3BR/2BA ranch with great bones and a mostly renovated 1BR/1BA detached apartment/ADU with its own entrance, parking, fenced yard, patio, and separate utilities/meters.
The main home offers 1,202 sf with solid hardwood floors in several rooms ready to be refinished and brought back to life, while the 760 sf apartment is already well on its way with a living room, full kitchen, laundry room, spacious bedroom, and ensuite full bath, all with fresh paint and new flooring. Live in the apartment while renovating the main home, then transition the second dwelling into a rental, guest house, in-law suite, or private space for extended family.
Outside, you'll find a privacy-fenced backyard, raised garden beds with a rain barrel irrigation system, a steel tornado shelter in the breezeway, and an impressive 38x20 outbuilding with electricity--ideal for a workshop, hobby space, gardening shed, or extra storage.
Located in the desirable Gilbert-Stephenson Park community, this property is just a flat, quick walk to the neighborhood swimming pool, pickleball and tennis courts, playground, and covered picnic areas. Restaurants, shopping, entertainment, the new hospital, and the Chickamauga Battlefield are all just minutes away.
Whether you're an investor, renovator, multigenerational family, or buyer looking for extra space and future income potential, this property offers endless possibilities!
*The last set of photos are virtually enhanced to show what the main home could look like after remodeling.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.