Welcome to 1422 Stratton Place Drive - an inviting INCOME PRODUCING duplex nestled in the highly desirable East Brainerd area!This convenient property offers easy access to major roadways, shopping centers, dining options, and everyday conveniences, making it an excellent choice for both homeowners, tenants and investors alike. Situated just off East Brainerd Road and mere minutes to Hamilton Place Mall & Gunbarrel Rd's top desinations.Unit A: 3 bedroom / 2.5 bathroomsUnit B: 2 bedroom / 1.5 bathroomsThe exterior showcases a classic, well maintained facade with ample off-street parking, welcoming covered front porch and neatly kept lawn, adding to its curb appeal. Each unit provides comfortable living spaces with nice natural light, recently updated flooring & paint, in-unit laundry, a main level half bathroom, large living rooms, private rear access to decks, outdoor storage rooms, and a functional environment for tenants or owner-occupants. Unit A: 3 upstairs bedrooms / 2 full bathrooms.Leased for $1,995 per month.Unit B offers 2 upstairs bedrooms / 1 full hall bath. A grand renovation in 2025 with documentation records.Leased for $1,471 per month.Roof & HVAC systems (x2) are estimated to have been replaced in 2020-2021.With its prime location and strong rental potential, this property presents a valuable opportunity to own an investment property in one of Chattanooga's most convenient & sought-after areas.Current Gross Rental Income: 3,466 / month. $41,592 annually.48 hour advance notice & proof of funds or available financing required for all showings. Schedule your private viewing today!All information is deemed reliable but not guaranteed; buyers and agents are encouraged to independently verify all details deemed necessary.
Listed By
Agency Name: Real Estate Partners Chattanooga LLC
Agency Phone: 423-265-0088
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,545.92 per month $1,001.28 Principal & Interest $413.42 Property Tax $131.22 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.
1422 Stratton Place Drive | MLS# 1533558
This multi-family property located at 1422 Stratton Place Drive, Chattanooga, TN 37421 is currently listed for sale with an asking price of $449,900. Search Chattanooga real estate on www.clhomes.com today.