501 E 16th St, Chattanooga, TN 37408

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Building Details:

• Year Built: 1953

Ideal Southside mixed use property! This building has 4 office spaces on the first floor, complete with a shared kitchen and bathroom. Each office offers 400 square feet. The second floor contains 3 separate apartments, ranging from 540 to 750 square feet in size. Each apartment features a bedroom, bathroom, kitchen, and a living space. The property was fully renovated in 2015 to include new plumbing, interior, roofing, and all mechanicals. Currently at 100% occupancy, this property nets a gross monthly income of $4,441.50 and a net annual income of $43,925. Located in the popular Southside of Chattanooga just one block from the Main St.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For sale: Contact for Pricing	6,534 sqft
View Details Listing company: Re/Max Renaissance Realtors Pricing: Contact for Pricing Availability: Now Listing ID: 1050929 Save to list