Type: Company
Price: $240,000
Location: Chattanooga, Tennessee, Orchard Village
Address: 1612 Citico Avenue, Unit 1, Orchard Village, Chattanooga
Zip: 37404
Bedrooms: 4
Size: 1345 square feet
Property size: 3498 square feet
Condition: Used
For sale by: Broker
Agent: Stevie Rifenberick
Great investment property!
2 bedroom /1 bath duplex. Property can generate $2,058+/month in rental income. Both units rent for $1029/month. The front unit is currently vacant - the back unit is rented. Please do not disturb tenant in the back unit. Schedule your showing TODAY on Broker Bay!
INVESTMENT.
LOCATION. OPPORTUNITY. This quad-plex located in downtown Mc Kenzie checks all these boxes! This investment property includes 4(x) two-bedroom, one-and-a-half bathroom floorplans that are currently fully occupied. With prime location in downtown Mc Kenzie and within walking distance to Bethel, this is a rare opportunity that you don’t want to miss. Call us today.
Charming Duplex Investment Opportunity in the City Limits.
Introducing this exceptional duplex located in the city limits, offering a lucrative investment opportunity. Currently rented on both sides, this property provides immediate income for savvy investors. Situated on a corner lot, enjoy the convenience of parking on two sides. With its
prime location close to town, this duplex is a valuable addition to any investment portfolio. Don't miss out on this fantastic opportunity! Units are both 2 bedroom and 2 bathroom. Currently rented on both sides. Current rent rates are Unit 1117 is $1,000 which is month to month and Unit 1119 is $900 which ends.
Heads Up Investors!
This building was originally built as a duplex, then added 2 units to made it a quad. In the 80's it was converted into a childcare center that ran until 2020. It already has a new roof, HVAC, and all new windows. It is currently zoned R1 so you would need to rezone it(Sellers are amendable to a contingency) and due to the
high demand for affordable housing the city would likely cooperate. The upside is massive on this investment property. Please do not solicit for owner/creative financing.
