525 O Neal St, Chattanooga, TN

$2,500,000

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9,300

Square feet

0.43

Acres

About 525 O Neal St

Prime New Construction Investment Opportunity! 1031 Exchange buyers welcome. The O Neal Residences feature 6 New Construction Homes, located just minutes to Downtown Chattanooga, University of Tennessee at Chattanooga, Area Hospitals, and all that Chattanooga has to offer on its Beautiful Waterfront. Carta Bus Line runs on O Neal St. Each homes features 3 bedrooms and 2.5 baths, hardwood floors, tiled showers, custom kitchens, solid surface counter tops, stainless steel appliances, high end trim detail and much more. Cap Rate calculate at 6 x $3,000.00 = $18,0000.00 per monthly rent with a 10% CapEx, and property taxes based on purchase price valuation, not yet determined by the County Assessors office.

Features of 525 O Neal St

MLS® # 1385892
Price $2,500,000
Square Footage 9,300
Acres 0.43
Year Built 2024
Type Multi-Family
Sub-Type Apartment
Style 2 Story
Status Active

Community Information

Address 525 O Neal St
Subdivision Mcgees
City Chattanooga
County Hamilton
State TN
Zip Code 37403

Amenities

Features None
Parking Off Street Parking
Is Waterfront No

Interior

Heating Central, Electric
Cooling Central, Electric
Fireplace No
# of Stories 2
Stories 2.0
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Cement Fiber Siding
Lot Description Special Drainage, Pond
Roof Shingle

School Information

Elementary Orchard Knob Elementary
Middle Orchard Knob Middle
High Howard School of Academics & Tech

Additional Information

Foreclosure No
Short Sale No

Listing Details

OfficeKeller Williams Realty

Listing Map

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