2583 High Point Drive, Chattanooga, TN 37415

$635,000
5
BD
3
BA
2,926
SqFt
List Price
$635,000
Price Change
▼ $15,000 1728352428
MLS#
1500906
Bedrooms
5
Full-baths
3
Sq. Ft
2,926
Acres
1.33
Year Built
1920
Subdivision
Dixons Addn

Property Description

Situated at the end of a quiet side street just off Altamont Road, this income-producing property offers two homes on a spacious 1.3-acre lot—great for investors or multi-generational living. Conveniently located between Hixson Pike and Dayton Blvd, this home provides easy access to Northshore's amenities & is less than 10 minutes from downtown Chattanooga. The primary home, offering 1,743 sq ft, includes 3 bedrooms, 2 bathrooms, & a bonus room. Updated with modern touches, it features new LVP flooring (2022), fresh paint (2022 & 2024), updated light fixtures in the living room, dining room, & hallway bathroom, along with a redone fireplace. The kitchen is complete with a new refrigerator, microwave, stove, disherwasher, & countertops (2022). Additional improvements include almost all new windows (2022), a new vanity in the hallway bathroom, as well as a new shower insert, faucet, & showerhead in the primary bathroom (2024). For added peace of mind, the home received a new hot water heater (2024) & a vapor barrier in the crawlspace (2024). The backyard is enclosed by a new wooden fence with a gate for enclosed parking (2022). The accessory dwelling unit (ADU- 1,183 sq ft) is a standout feature, providing immense investment potential & flexibility. This 2-bedroom, 1-bathroom unit boasts a new roof (November 2023), new countertops and cabinets (2022), a remodeled bathroom with a new vanity (2022), & a new stove (2023). It also features a full-sized laundry room, its own driveway/parking area, & a quaint front porch. Whether used as a rental property, guest house, or private home office, the ADU adds incredible value and potential. Eligible for Fannie Mae & Freddie Mac financing for homes with ADUs/DADUs, this property offers both investment potential & the perfect setup for extended family living. Don't miss this rare opportunity! Info is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Additional Information

Exterior
Block, Frame, Vinyl Siding
Interior
Separate Dining Room, Separate Shower
Floors
Laminate, Vinyl
Foundation
Block
Appliances
Smart Appliance(s), Water Heater, Stainless Steel Appliance(s), Self Cleaning Oven, Refrigerator, Microwave, Gas Range, Free-Standing Refrigerator, Free-Standing Gas Range, Free-Standing Gas Oven, Free-Standing Freezer, Exhaust Fan, Electric Water Heater, Dishwasher
Exterior Features
Lighting, Rain Gutters
Lot Description
Back Yard, Front Yard, Gentle Sloping, Level
Fireplace Description
Living Room
Cooling
Central Air
Heating
Central, Heat Pump
Elementary School
Rivermont Elementary
Middle School
Red Bank Middle
High School
Red Bank High School
Financing Available
Cash, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.