Nathan Cate
BEDS0
BATHS
SQUARE FEET2,936
MLS#3628739
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONStone & Evans
Property Description
Investment opportunity in Chattanooga's Southside featuring two duplexes with a total of four income-producing units. Located just off Main Street, the properties are positioned in one of Chattanooga's most active urban neighborhoods, with convenient access to Downtown and the restaurants, shops, entertainment, and businesses throughout the Southside.Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements.The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area.Owner/Agent.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric, Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.09 Acres
Roof Type: Other
Stories: 1.0
Taxes: $4,399
Year Built: 1920
Feature Descriptions
Days on Site: 5
Flooring: Carpet, Vinyl
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 38X100
Parcel#: 146P L 003
Parking: Detached, Gravel
Parking Notes: Detached, Gravel
Sewer: Public Sewer
Units: 4
Utilities: Electricity Available, Water Available
Water: Public
Local Schools
High School: Howard School Of Academics Technology
Middle School: Orchard Knob Middle School
Elementary School: East Side Elementary School
Listed By / Shown By
Listed By
Agency Name: Greater Downtown Realty dba Keller Williams Realty
Agency Phone: 4236641900
Shown By
Agent Name: Nathan Cate
Agent Phone: (865) 660-7191
Agency Title: Franklin Realty Inc.
Estimate Your Payment
Estimated Payment
$ 2,935.03 per month $2,451.81 Principal & Interest $366.58 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
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1511 S Greenwood Avenue | MLS# 3628739
This multi-family property located at 1511 S Greenwood Avenue , Chattanooga, TN 37404 is currently listed for sale with an asking price of $399,900. Search Chattanooga real estate on ncate.franklinrealty.com today.