1402 Bailey AVE Chattanooga, TN 37404

This is a wonderful opportunity to own property that is zoned R4 in the popular Highland Park Neighborhood. This property, which most recently was used as an office, could be used as a live/work, a residence, multi-family or an Air B&B. Located minutes from downtown, University of Tennessee Chattanooga, top area hospitals, many of Chattanooga's attractions and close access to the interstate. The home is situated on a double lot with access from Bailey Avenue as well as a rear alley. The side lot is perfect for an additional unit or parking. There is a partial unfinished basement for extra storage and one closet in the back bedroom is stubbed for a half bath. Location, along with multiple functionalities makes this a rare find in Chattanooga. R4 is intended for office and/or multi-family residential; no minimum lot size for office; minimum lot area of 7,500 square feet for the first unit and 2,000 square feet for each additional unit for multi-family dwellings of three or more units. New HVAC installed this summer 2021. Schedule your private showing today.