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$510,000

Est. payment - /mo

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1,764 SqFt

Pending

2 & 4 Newman DR Rossville, GA 30741

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Melanie Settles

melanie@melaniesettles.com +1(423) 762-4731

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,764 sqft

Price per Sqft $289

MLS Listing ID 1522533

Year Built 1996

Lot Size 1.800 Acres

Acres 1.8

Lot Dimensions 125X321

Property Sub-Type Multi Family

Source Greater Chattanooga REALTORS®

Property Description

This investment package includes two duplexes on Newman generating $5,410/month ($64,920 annually). At 2 Newman, Unit 2A was updated in 2022 with a new HVAC, water heater, and accessibility features, and is leased through October 2025. Unit 2B is leased through July 2026 to tenants of 15+ years. At 4 Newman, Unit 4A is a remodeled, fully furnished, ADA-accessible 2 bed/1 bath with extensive accessibility features and furnishings beyond the basics, leased through August 2026. Unit 4B is leased through June 2026. The owner covers water, trash, and lawn care for all units, plus internet for Unit 4A. Both roofs will be four years old in November. These properties offer stable tenants, strong cash flow, and rare accessibility upgrades.

Location

State GA

County Walker

Area 1.8

Interior

Interior Features Eat-in Kitchen

Heating Ceiling

Cooling Central Air

Fireplace No

Appliance Oven

Heat Source Ceiling

Laundry Washer Hookup

Exterior

Parking Features Concrete, Driveway, Off Street

Garage Description Concrete, Driveway, Off Street

Roof Type Shingle

Porch Deck, Patio

Garage No

Building

Lot Description Level

Faces 75 S to Cloud Springs Exit. Turn right onto Cloud Springs to Lafayette Rd turn left then right on Hwy 2. Stay to the left on Hwy 2 toward Rossville. Tuen left onto Schmidt Rd then right at the end. Right then left on Jenkins at the light. Right on the second entrance of Circle Dr and left onto Newman. No sign

Story One

Sewer Septic Tank

Water Public

Schools

Elementary Schools Stone Creek Elementary School

Middle Schools Crossville

High Schools Ridgeland High School

Others

Senior Community No

Tax ID 0175 095a

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Pets Allowed Yes

Greater Chattanooga Association of REALTORS(GCAR MLS)

Listed by Berkshire Hathaway HomeServices J Douglas Properties