Perfect Investors Opportunity 4 Bedroom Single Family Home

Asking $ 225,000
  • Incoming-producing, neighboring homes are now for sale!
  • A 4 bedroom, 2 bath home located in downtown Chattanooga and near East Ridge.
  • From the screened-in porch, you’ll enter into a large living room and dining room.
  • A galley-style kitchen is complete with a breakfast bar that is open to the dining room.
  • Continuing through the home, you’ll find 4 bedrooms.
  • The primary bedroom has an ensuite bath with a tub/shower combo.
  • The other full bathroom also has a tub/shower combo and a separate sink.
  • The laundry area is located at the back of the home.
  • The home was most recently leased at $1800/month.
  • Call today for your private showing.
  • Updated On:
  • June 1, 2024
  • 4 Bedrooms
  • 2 Bathrooms
  • 1,248.00 ft2
  • Year Built:2003
Property Id: 65420
Price: Asking $ 225,000
Property Size: 1,248.00 ft2
Property Lot Size: 1,248.00 ft2
Rooms: 8
Bedrooms: 4
Bathrooms: 2
Year Built: 2003
External Construction: Vinyl Siding
Roofing: Shingle
Rent (mo): 1825
ROI (ann): 19.8%
Cashflow (mo): 276
Property Taxes (mo): 103
Insurance (mo): 125
Repairs (mo): 75
Management Fee (mo): 142
Leasing Fee (ann): 444
Vacancy Rate (ann): 48
Other Features
back yard
deck
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$ 1,347.86
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,066.61

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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