Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one.The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket.Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.
Listed By
Agency Name: Fletcher Bright Realty
Agency Phone: 423-752-0188
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,478.20 per month $994.83 Principal & Interest $353.00 Property Tax $130.38 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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117 Valley View Avenue | MLS# 1541536
This multi-family property located at 117 Valley View Avenue, Chattanooga, TN 37415 is currently listed for sale with an asking price of $447,000. Search Chattanooga real estate on www.clhomes.com today.