$225,000
Accepting Backup Offers

1816 Dodds Avenue

Chattanooga, TN 37404
Browse 20 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Discover the potential of this centrally located 3-unit rental property, a hidden gem offering unparalleled convenience to downtown, hospitals, shopping, and dining.
For investors, this property presents a lucrative opportunity with multiple streams of rental income and the potential for significant value appreciation. Imagine the returns and growth it could add to your portfolio.
Alternatively, if you're considering a residence, envision the benefits of living in this prime location with easy access to amenities and a welcoming community. Plus, you can offset your mortgage with rental income from two additional units—one of which is currently vacant and move-in ready.
Don't miss out on this exceptional investment opportunity. Take action today to transform this property into the cornerstone of your investment portfolio or the cherished home where you'll create lasting memories! (HOME IS BEING SOLD AS IS)
This property is an ideal addition to your rental portfolio, offering three sources of steady cash flow. Unit A currently rents for $700/month on a month-to-month lease. Unit B is vacant and ready for occupancy. Unit C leases for $775/month on a month-to-month basis.
Contact the listing agent for more details or to schedule a private showing and seize this opportunity today!

  • Property Details
      • High SchoolHoward School of Academics & Tech
      • Elementary SchoolEast Side Elementary
      • Utility SourceOn Sewer, Public
      • Middle SchoolHoward Middle
      • Property TypeMulti-Family
      • BasementCrawl Space
      • CountyHamilton
      • Lot DescriptionSloping
      • RoofShingle
      • SubdivisionHiggins
      • MLS #1395554
      • Property SubtypeTriplex
      • MLS #1395554
      • Cost225000
      • Year Built1930
      • Acres1

Location

Sherry McKillop | United Real Estate ExpertsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
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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