1511 S Greenwood Avenue , Chattanooga, TN 37404

$399,900
  • 1511 S Greenwood Avenue , Chattanooga, TN 37404 Main Photo

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New to the Market Active
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.

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 www.excelredtn.com today.

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

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

Agency Title: ExCEL Real Estate & Development Co.
Agency Phone: 615-256-6566

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Estimated Payment

$ 1,373.22 per month $890.00 Principal & Interest $366.58 Property Tax $116.64 Homeowner's Insurance

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