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Off market
  • $493,600

    320 County Road 324, Flat Rock, AL 35966

    18beds
    5,550sqft
    Quadruplex
    Built in 2003
    -- sqft lot
    $493,600 Zestimate®
    $89/sqft
    $1,237 Estimated rent

    Home value

    $493,600

    $449,000 - $543,000

    $1,237/mo

    Zestimate® history
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    What's special

    Welcome to this fantastic real estate opportunity! Located on a sprawling 5.67-acre lot, this property features a quadplex and duplex that are up for sale. With plenty of room to build more, this property presents an incredible investment opportunity for buyers looking to expand their real estate portfolio. The quadplex, built in 2003, and the duplex, built in 2009, are both in excellent condition and have been well-maintained over the years. With a current gross income of $3625 per month, this property offers a steady stream of passive income for its new owners. Additionally, there is one unit available that is currently being renovated before closing, offering the opportunity to increase the property's earning potential even further. All units have brand new water heaters, and all appliances are less than 2 years old, ensuring a hassle-free experience for tenants. Currently being serviced by 3 septic tanks, the property is designed to accommodate the needs of its residents. Whether you're an experienced real estate investor or just starting in the business, this property presents an incredible opportunity to build wealth and secure a steady stream of passive income for years to come. Don't miss out on this once-in-a-lifetime chance to own a piece of real estate in a prime location. Schedule a viewing today and see for yourself what this incredible property has to offer!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Wesley Bethune 423-309-3069,

    BHHS Southern Routes Realty

    Bought with:

    Wesley Bethune, 364590 TN

    BHHS Southern Routes Realty

    Source: Greater Chattanooga Realtors,MLS#: 1372545

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Features
    • Eat-in Kitchen
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 5,550
    • Total interior livable area: 5,550 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: One
    • Patio & porch: Deck, Patio
    Lot
    • Size: 5.67 Acres
    • Dimensions: 5.67 Acres +/-
    • Features: Level, Rural
    Details
    • Parcel number: 1701110000002.000
    • Special conditions: Investor

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Other
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Flat Rock

    Financial & listing details

    • Price per square foot: $89/sqft
    • Annual tax amount: $2,029
    • Date on market: 4/27/2023
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Water

    Price history

    DateEventPrice
    7/17/2023Sold$405,000-3.6%$73/sqft
    Source: Greater Chattanooga Realtors #1372545 Report a problem
    5/17/2023Contingent$420,000$76/sqft
    Source: Greater Chattanooga Realtors #1372545 Report a problem
    4/27/2023Listed for sale$420,000$76/sqft
    Source: Greater Chattanooga Realtors #1372545 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 35966

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Sand Mountain Elementary
    • Middle: North Sand Mountain
    • High: North Sand Mountain

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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