Description
Opportunity is knocking! This well-maintained duplex is within walking distance to Northshore, downtown, restaurants, shopping, gyms, parks, and hiking trails. All of these amenities are just moments away while the property itself sits on a quiet, peaceful street. Please note: Because this is a duplex, showings will be limited to the left side, 712 Merriam St. The 714 side is currently occupied by a long-term tenant who is paying $1,225/month, with a lease in place through June 1, 2027. The 712 Merriam side features a spacious one-bedroom, one-bath layout with ample storage, off-street parking, and access to the large, fenced, flat backyard. The property also has alley access in the rear, offering the potential for additional parking. A large storage building provides plenty of room for toys, tools, and extra belongings. The property has seen several recent improvements, including a brand-new roof and an encapsulated crawlspace. Electrical and plumbing have been updated, along with the kitchens, bathrooms, flooring, and insulated windows in recent years. The 712 Merriam side has continued to operate as a short-term rental, offering flexibility for an investor or owner-occupant. The 714 side provides consistent long-term rental income at $1,225/month through June 2027. With its desirable location, multiple rental possibilities, recent updates, and income potential, this duplex offers plenty of options for its next owner. Opportunities like this don't last long!
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2BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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1,344SQFT
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$298$/SQFT
School Information
Description
Opportunity is knocking! This well-maintained duplex is within walking distance to Northshore, downtown, restaurants, shopping, gyms, parks, and hiking trails. All of these amenities are just moments away while the property itself sits on a quiet, peaceful street. Please note: Because this is a duplex, showings will be limited to the left side, 712 Merriam St. The 714 side is currently occupied by a long-term tenant who is paying $1,225/month, with a lease in place through June 1, 2027. The 712 Merriam side features a spacious one-bedroom, one-bath layout with ample storage, off-street parking, and access to the large, fenced, flat backyard. The property also has alley access in the rear, offering the potential for additional parking. A large storage building provides plenty of room for toys, tools, and extra belongings. The property has seen several recent improvements, including a brand-new roof and an encapsulated crawlspace. Electrical and plumbing have been updated, along with the kitchens, bathrooms, flooring, and insulated windows in recent years. The 712 Merriam side has continued to operate as a short-term rental, offering flexibility for an investor or owner-occupant. The 714 side provides consistent long-term rental income at $1,225/month through June 2027. With its desirable location, multiple rental possibilities, recent updates, and income potential, this duplex offers plenty of options for its next owner. Opportunities like this don't last long!
714 Merriam Street Chattanooga, TN 37405
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials Other Exterior Features [] Fencing Fenced Fencing Fenced Yes Foundation Details Slab Garage YN Yes Lot Features Level Other Structures [] Parking Features Kitchen LevelOff Street Patio And Porch Features DeckPatio Pool Features [] Roof Shingle Roof Shingle Yes Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Washer/DryerOvenMicrowaveGas RangeDishwasher Basement Crawl Space Basement YN Yes Building Area Total 1344 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring TileVinyl Heating CentralElectric Heating YN Yes Interior Features Open FloorplanStorage Laundry Features [] Levels One Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features None Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 3138.17 Utilities Sewer Connected Utilities Sewer Connected Yes Water Source Public

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Listing courtesy of REAL Broker: 844-591-7325.