6924 Standifer Gap Road, Chattanooga, TN 37421

$425,000
: 4
BD
: 3
BA
: 1,889
SqFt

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List Price: $425,000
Status: ACTIVE
MLS#: 1529659
Subtype: Residential Income
Year Built: 1955
Bedrooms: 4
Bathrooms: 3
Living Area: 1,889
Subdivision: Sterchi Robin

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Property Description

Welcome to 6924 Standifer Gap Road in Chattanooga, TN -- a fully renovated duplex offering an outstanding opportunity for both investors and buyers looking to live in one side while renting out the other. With strong rental potential at $1,700 per month per unit, this property generates $3,400 in total gross monthly rent, making it an ideal addition to an investment portfolio or a smart house-hacking opportunity to offset your mortgage. This property has undergone extensive renovations, with approximately $45,000 invested into each side, resulting in a beautifully updated and solid income-producing property. Both units feature brand new windows, new exterior and interior doors, new flooring throughout including durable LVT, new floor joists, new cabinets and countertops, and new drywall throughout. The living areas have been enhanced by removing a wall to create an open floor plan that feels bright and spacious. Additional upgrades include new plumbing, new electrical systems, new air conditioning units with new ductwork, new gutters, and fresh paint throughout each apartment. Located with excellent proximity to Chattanooga and Ooltewah, this duplex offers convenience for commuting, shopping, dining, and everyday living. With major improvements already completed and strong rental income potential in place, 6924 Standifer Gap Road presents a rare opportunity to own a turnkey, income-producing property in a highly accessible location.

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