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  1. Home
  3. This Multi-Plex Cash Flows ALL DAY! [Code: 1100]
New Construction

This Multi-Plex Cash Flows ALL DAY! [Code: 1100]

Asking
$ 1,249,000
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  • Don’t miss this incredible opportunity to own a brand-new, four-unit property in one of Chattanooga’s fastest-growing neighborhoods.
  • These thoughtfully designed units offer exceptional rental potential, with the ability to generate significant rental income.
  • Each of the four units features:
  • • 3 Bedrooms and 2.5 Bathrooms
  • • Modern Finishes Throughout
  • • Expansive Rooftop Decks with stunning views.
  • This property is ideal for a combination of short-term and long-term rentals, only one of the 4 units can be approved for short-term rental and the remaining three perfect for long-term leases.
  • Located within walking distance of the popular Montague Park and surrounded by trendy bars and restaurants.
  • These units are situated in a prime location poised for continued growth and appreciation as the area develops further in the coming years.

Seize the chance to invest in Chattanooga’s vibrant future!

 

    • Updated On:
    • February 26, 2025
    • 12 Bedrooms
    • 10 Bathrooms
    • 6,588.00 ft2
    • Year Built:2024
    Property Id: 69624
    Price: $ 1,249,000
    Property Size: 6,588.00 ft2
    Property Lot Size: 5,227.00 ft2
    Rooms: 30
    Bedrooms: 12
    Bathrooms: 10
    Year Built: 2024
    Roofing: Metal
    Rent (mo): 10500
    ROI (ann): 22.9%
    Cashflow (mo): 2554
    Property Taxes (mo): 500
    Insurance (mo): 350
    Repairs (mo): 200
    Management Fee (mo): 820
    Leasing Fee (ann): 2563
    Vacancy Rate (ann): 48
    Other Features
    back yard
    fenced yard

    $7,482.15
    per month
    • Principal and Interest
    • Property Tax
    • HOA fee
    • Private Mortgage Insurance
    $ 5,920.90

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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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