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2806 Silverdale Road, Chattanooga, TN 37421

$359,900
  • 2806 Silverdale Road, Chattanooga, TN 37421 Main Photo

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Pending
BEDS4 BATHS SQUARE FEET2,100 MLS#1538908
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNoland Acres NEIGHBORHOODChattanooga

Property Description

Excellent investment opportunity in the heart of East Brainerd! This well-maintained duplex has been thoughtfully updated on both sides and stands apart from the typical investment property. The owner has taken exceptional pride in ownership, adding quality finishes and personal touches throughout while maintaining the property in outstanding condition. Both interiors have been recently updated, and one unit features a recently installed HVAC system, providing added value and peace of mind for the next owner.Currently generating $2,845 per month in rental income, this property offers immediate cash flow with additional flexibility, as one unit will soon be leased on a month-to-month basis-- with the other side currently leased thru January 2027 creating an opportunity for an owner-occupant to move into one side while continuing to receive rental income from the other, or for an investor to adjust rents as market conditions allow.Located in the highly desirable East Brainerd area, you'll enjoy convenient access to Hamilton Place Mall, I-75, Volkswagen, Amazon, Erlanger East Hospital, shopping, restaurants, parks, and downtown Chattanooga. This location continues to attract strong tenant demand thanks to its proximity to major employers, excellent conveniences, and easy commuting throughout the Chattanooga area.Whether you're looking to expand your investment portfolio or purchase a home with built-in income potential, this East Brainerd duplex offers the perfect combination of location, strong cash flow, recent capital improvements, flexibility, and long-term investment potential. Opportunities like this don't come along often!

2806 Silverdale Road | MLS# 1538908

This multi-family property located at 2806 Silverdale Road, Chattanooga, TN 37421 is currently listed for sale with an asking price of $359,900. Search Chattanooga real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air, Electric
Fuel Type: Electric, Gas
Heating: Central, Electric, Natural Gas
Lot Size: 0.34 Acres
Taxes: $2,910
Year Built: 1966

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1385.00
Square Footage: 1050
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1460.00
Square Footage: 1050

Feature Descriptions

Appliances: Oven, Refrigerator
Common Amenities: None
Days on Site: 29
Exterior: Other
Flooring: Luxury Vinyl, Tile
Interior Amenities: Eat-in Kitchen
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Back Yard, Level
Lot Dimensions: 100X150
Parcel #: 139j G 007
Parking: Driveway
Patio/Porch: Porch - Covered
Tenant Pays: All Utilities
Utilities: Sewer Connected

Local Schools

High School: Tyner Academy
Middle School: Tyner Middle Academy
Elementary School: Bess T. Shepherd Elementary

Listed By / Shown By

Listed By

Agency Name: Auben Realty
Agency Phone: 423-454-1413

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,148.45 per month $800.98 Principal & Interest $242.50 Property Tax $104.97 Homeowner's Insurance

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