Company Logo

506 W 35th Street, Chattanooga, TN 37410

$899,999
  • 506 W 35th Street, Chattanooga, TN 37410 Main Photo

39 Total Photos [Click to View All]

Active
BEDS0 BATHS SQUARE FEET3,529 MLS#1527815
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSomerville Cottages NEIGHBORHOODChattanooga

Property Description

An outstanding investment opportunity in Somerville Cottages, a thoughtfully designed and steadily growing community in South Chattanooga. This brand-new 4-unit townhome offers turn-key ownership in a high-demand rental area, combining modern construction with long-term upside.Each unit is finished with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, and high ceilings, delivering the kind of quality and durability renters want?and owners appreciate. These are not upgrade features; they come standard, reinforcing the exceptional value of this asset.The property features a strong, flexible unit mix with two 2-bedroom, 1.5-bath units and two 1-bedroom, 1-bath units, ideal for attracting a wide range of tenants. Clean layouts, abundant light, and modern finishes create broad appeal and support consistent occupancy.Built as new construction and delivered fully turn-key, the property includes a 1/2/10 new-home warranty and is located in a maintenance-free community, minimizing operational headaches and unexpected expenses. In a market where many multi-family options require significant capital improvements, this property offers simplicity and peace of mind from day one.Surrounded by the amenities and energy of South Chattanooga?including downtown, Main Street, St. Elmo, Broad Street, Publix, and the new Erlanger Stadium just minutes away?this investment benefits from location-driven demand without relying on hype.Simply put, this is a rare chance to acquire brand-new, low-maintenance multi-family with strong renter appeal and outstanding value in a growing Chattanooga community.

506 W 35th Street | MLS# 1527815

This multi-family property located at 506 W 35th Street, Chattanooga, TN 37410 is currently listed for sale with an asking price of $899,999. Search Chattanooga real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric
Fuel Type: Electric
Heating: Central, Electric

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.1
Square Footage: 1120
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.1
Square Footage: 1120
Unit Type 3:
Bedrooms: 1
Bathroom(s): 1.0
Square Footage: 640
Unit Type 4:
Bedrooms: 1
Bathroom(s): 1.0
Square Footage: 640

Feature Descriptions

Appliances: Disposal, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave
Association/Condo Fee: 100
Common Amenities: Other, Sidewalks
Days on Site: 40
Exterior: HardiPlank Type
Exterior Amenities: Lighting, Rain Gutters
Flooring: Luxury Vinyl
HOA Y/N: Yes
Interior Amenities: Breakfast Nook, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Parcel #: 0
Parking: Off Street, On Street, Paved, Parking Lot
Patio/Porch: Patio
Utilities: Electricity Connected, Underground Utilities, Water Connected

Local Schools

High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle
Elementary School: Donaldson Elementary

Listed By / Shown By

Listed By

Agency Name: Rogue Real Estate Company llc
Agency Phone: 423-715-0075

Shown By

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

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 2,265.51 per month $2,003.01 Principal & Interest $0.00 Property Tax (data not provided by mls) $262.50 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel