Description
This 16-unit rental portfolio (12 single family and 2 duplexes) offers a prime investment opportunity in the rapidly growing Chattanooga market. The portfolio includes a mix of properties, including two duplexes, all within a 10-mile radius and just 20 minutes from downtown Chattanooga. All units feature new siding, roofs, flooring, lighting, interior paint, and appliances. The properties are 100% occupied, some are Section 8 and others with potential to flip to Section 8 if desired, providing stable and reliable rental income. Located in areas experiencing strong appreciation, these properties are poised for future value growth. This portfolio is perfect for investors looking for a turnkey operation with strong cash flow and long-term appreciation potential. Occupancy status subject to change.
Property Details
- ViewCity
Measurements
- Square Feet14869
Construction Details
- Property TypePurchase
Condition
- Year Built1960
Utilities / Energy Details
- Utility FeaturesWater Available
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionHighland Park Addn N
Location
- Elementary SchoolOrchard Knob Elementary School
- Middle SchoolOrchard Knob Middle School
- CountyHamilton County, TN
- High SchoolThe Howard School
Financial Details
- Original List Price$2,995,000
- Taxes Annual$2,362
Other
- MLS #2694476
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Jamie Brandenburg (#RTC51018)
Listing Office: Compass RE (#RTC4985)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
