TN > Cleveland > Stonebriar
Cleveland, TN 37312,1907 Gate Tower WAY
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Cleveland, TN 37312,1907 Gate Tower WAY
Cleveland, TN 37312,1907 Gate Tower WAY
Cleveland, TN 37312,1907 Gate Tower WAY
Cleveland, TN 37312,1907 Gate Tower WAY
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Kelly Jooma

Kelly Jooma

+1(423) 432-8121
$ 2,500,000
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1907 Gate Tower WAY Cleveland, TN 37312

12,496 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,496 sqft

Price per Sqft $200

Subdivision Stonebriar

MLS Listing ID 1522203

Lot Size 3.010 Acres

Acres 3.01

Property Sub-Type Multi Family

Source Greater Chattanooga REALTORS®

Property Description

New Construction Package! Under construction with estimated completion early 2026. Designed and built for low maintenance. Great opportunity for a VA/FHA buyer's primary residence with future income. 1031 Exchange Welcome. PACKAGE INCLUDES 4 PARCELS CONSISTING OF: TWO Four-Family/ Quadplex buildings for a total of 8 doors ready to rent at completion, PLUS TWO adjacent building lots zoned R-2. Residential R-2 allows for Single Family, Two-Family/ Duplex, and Four-Family/ Quadplex, among other things. EACH RESIDENCE WILL HAVE an estimated 1562 sq ft, 3 bedrooms, 2 and a half bathrooms, one car garage, 9 foot ceilings on the main level, vaulted ceilings in all bedrooms with ceiling fans, 2 story foyer, LVP flooring, custom soft close white cabinets, granite countertops, kitchen island, stainless steel appliances, and back patio with lawn area. Enjoy future rental income with the first two buildings allowing cash flow while you build two additional Four-Family/ Quadplex buildings on the two adjacent lots. City Water, Sewer, Electricity, and water meter boxes have been set for lots. Property taxes to be determined. Information is deemed reliable but is not guaranteed. Buyers are responsible to independently verify all information. Agent has a personal interest. Local Lender recommendations available. Owner financing not available. PACKAGE INCLUDES: Gate Tower Way NE Lots 49, 50, 51, 52 Parcel Id/ Tax ID: 050E H 039.00, 050E H 040.00, 050E H 017.00, and 050E H 018.00). APPOINTMENTS REQUIRED - NO TRESPASSING. Call for more information. WILLING TO SELL EACH 4 Family/ Quadplex individually.

Location

State TN

County Bradley

Area 3.01

Interior

Interior Features Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Pantry, Separate Dining Room, Tub/shower Combo, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Luxury Vinyl

Fireplace No

Window Features Double Pane Windows,Insulated Windows,Low-Emissivity Windows,Vinyl Frames

Appliance Stainless Steel Appliance(s), Refrigerator, Microwave, Free-Standing Electric Range, Dishwasher

Heat Source Central

Laundry Upper Level, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Parking Features Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front

Garage Spaces 8.0

Garage Description Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Underground Utilities

Roof Type Shingle

Porch Patio

Total Parking Spaces 8

Garage Yes

Building

Lot Description Back Yard, Level, Private, Secluded

Faces 20th Street to Old Tasso Rd. Turn into Stonebriar Subdivision. Right onto Gate Tower Way. Property begins at the end of the cul de sac.

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools Mayfield Elementary

Middle Schools Cleveland Middle

High Schools Cleveland High

Others

Senior Community No

Tax ID 050e H 040.00

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Agent Owned, Investor

Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Keller Williams Realty
Kelly Jooma

Kelly Jooma

Team Leader | License ID: TN 322307 GA 379723

+1(423) 432-8121

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1907 Gate Tower WAY