2583 High Point Drive

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 lotgreat 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.