6,534 Square Foot Multi-Family Space For Sale @ 501 E 16th St

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.