$115,000
For Sale

1603 E 47th Street

Chattanooga, TN 37407
2 beds | 1 bath | 0.20 acres | #1381547
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Outstanding Investment Opportunity and Charming Home Awaits You!
Are you seeking an exceptional property that can offer both a lucrative investment and a comfortable place to call home? Look no further. This strategically positioned property is situated in a highly desirable area, where convenience to all the essentials is key. Located just minutes away from the bustling downtown area, hospitals, shopping centers, and a variety of dining options, its central location serves as a valuable asset.
At present, this property is a reliable source of rental income, yielding $1,112 per month. This establishes it as a solid, income-generating investment right from day one. It's important to note that the property has recently undergone a minor renovation, ensuring it's in top shape for either a new tenant or a new owner.
In consideration of the privacy and comfort of our valued tenants, we kindly request that property viewings be scheduled following an accepted contract. This approach is designed to facilitate a seamless process for all parties involved.
Whether you're an astute investor searching for a promising addition to your portfolio or someone looking for an affordable and welcoming place to live, this property offers a multitude of possibilities.
Don't miss the chance to explore this remarkable investment opportunity or to discover the benefits of making it your own home. Act now and seize this opportunity while it's still available!

  • Property Details
      • Utility FeaturesCable Lines/Above Ground, Electric Lines/Above Ground, Telephone Lines/Above Ground
      • InteriorWasher & Dryer Hookup, Master on Main Level, Tub/Shower Combo
      • AppliancesElectric Range - Free Standing, Water Heater - Electric
      • Parking FeaturesMain Level, Off Street Parking, None
      • High SchoolHoward School of Academics & Tech
      • Middle SchoolEast Lake Academy of Fine Arts
      • Elementary SchoolEast Lake Elementary
      • SubdivisionBoulevard Park Addn
      • Utility SourceOn Sewer, Public
      • Lot DescriptionGradual Sloping
      • Exterior FeaturesPorch Covered
      • BasementCrawl Space
      • Property SubtypeResidential
      • Property TypePurchase
      • CountyHamilton
      • RoofShingle
      • MLS #1381547
      • MLS #1381547
      • Cost115000
      • Year Built1930
      • Acres0.2
      • Fireplaces3
      • Bedrooms2
      • Bathrooms1
      • Full Baths1

Location

Sherry McKillop | United Real Estate ExpertsReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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