Building Details:
• Year Built: 1953
501 E 16th St is amulti-family property located in Chattanooga, TN. The property currently has 1 multi-family space for lease and is marketed by Re/Max Renaissance Realtors.
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 |
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