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416 Hamilton Avenue, Chattanooga, TN 37405

$475,000
: 2
BD
: 3
BA
: 1,680
SqFt

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List Price: $475,000
MLS#: 1544243
Bedrooms: 2
Full-baths: 3
Sq. Ft: 1,680
Acres: 0.28
Year Built: 1938
Subdivision: Frazier & Collvilles

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Property Description

A quintessential Chattanooga opportunity! This 1938 Craftsman is ready for its next chapter, offering two bedrooms and two bathrooms in the main house, plus a fully renovated studio apartment with a garage. The main house features vintage hardwood floors, a brick fireplace, and high ceilings which showcase the home's historic character. A spacious tiled front porch, beautiful stonework terraces, and mountain views invite you to enjoy the charm of this downtown neighborhood. Most of the heavy lifting on renovations is already complete, including a new HVAC system installed just three months ago. The roof is approximately halfway through its expected lifespan. Inside, the finishing touches are yours to choose. A fresh coat of paint, repairs to a window or two, a couple of new faucets, and light cosmetic updates could make it a great rental. Or take your time, replace the windows, upgrade the kitchen, and restore this beautiful Chattanooga gem to suit your vision. The standout bonus is the fully renovated studio apartment perched on the hill above the main house. It features a full-size kitchen with bar seating, a full bathroom with a custom tile shower, distinctive flooring, and a screened-in back porch that offers a peaceful retreat. Stay in the studio while updating the main house, then explore its potential for additional rental income. Historic character, flexible living options, and room to make it your own--this is a Chattanooga opportunity full of possibility.

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Additional Information

Style: Other
Exterior: Other
Roof: Shingle
Floors: Hardwood, Tile
Foundation: Combination
Basement: Cellar
Appliances: Dishwasher, Electric Water Heater, Free-Standing Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer/Dryer Stacked, Water Heater
Exterior Features: Other
Community Features: Sidewalks
Lot Description: Sloped Up, Views
Fireplace Description: Living Room
Cooling: Central Air
Heating: Central
Elementary School: Normal Park Elementary
Middle School: Normal Park Upper
High School: Red Bank High School
Financing Available: Cash, Conventional