Property Description

Investor special with excellent income potential! Monthly income $4500-5400 when renting the three units depending on finishes. This spacious multifamily-zoned property boasts approximately 3,500 sq ft of living space and is ready for renovation. There are three parking spaces in the front, 2 in the driveway, and one by the road. The property consists of two independent units, including a larger unit of approximately 2,000 sq ft and a second unit of approximately 1,500 sq ft. There are three separate entrances and 3 mailboxes. Combined, the property features 6 bedrooms, 3 bathrooms, and 3 additional rooms that can be utilized as offices, storage, hobby rooms, or flexible living space. Besides investors, owner-occupants may also appreciate the ability to live in one unit while renting the other two to get their mortgage fully paid for. Located in a quiet, established neighborhood just minutes from Chattanooga, this property features convenient access to shopping, dining, employment centers, and outdoor recreation. Enjoy the scenic feel of the Chattanooga mountain region with peaceful surroundings and natural beauty. The lower level includes a full kitchen, full bath, living room, and 3 extra rooms, with potential to convert into additional bedrooms. Enjoy a four-seasons room, spacious yard on both sides, privacy fence, and two decks (large deck added in 2021, plus a smaller BBQ deck) great opportunity for investors or renovation projects. Property is being sold as-is. Buyer to verify square footage, zoning, schools, and all information deemed important. Great opportunity to add value and build equity in a desirable Chattanooga-area location.

Property Features

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