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$205,000
3 Beds 2 Baths 1540425 MLS
TENANT-OCCUPIED INVESTMENT OPPORTUNITY | $1,589/MONTH CURRENT RENT Looking for an income-producing property with a tenant already in place? 1307 Wheeler Ave currently generates $1,589 per month in rental income, with the existing lease running through March 31, 2027. Purchase this property individually or take advantage of the opportunity to acquire a three-property Chattanooga rental portfolio consisting of 1307 Wheeler Ave, 1725 Newton St and 2120 Cleveland Ave. The three properties currently generate a combined $4,654 per month / $55,848 annually in scheduled gross rent and feature staggered lease expirations. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. An attractive opportunity for a buy-and-hold investor seeking occupied properties with established rental income. Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing instructions. 1725 Newton $189,900

1307 Wheeler Avenue, Chattanooga

$175,900
3 Beds 2 Baths 1534907 MLS
INVESTORS SPECIAL!! FOR SALE 'AS IS'. This 4- bedroom 3 bath home has the potential to be a 5 bedroom and offers 2259sq. ft of living space and endless possibilities. The main level features 3 bedrooms and 2 bathrooms, while the attached upstairs portion includes 2 bedrooms and 1 bathroom perfect for an in-law suite, guest quarters, or rental apartment. The home's charming exterior boasts a covered front porch with stone accents, onsite covered parking. while updates are needed, this property is a prime opportunity for investors or buyers looking to customize their dream home. With its flexible layout, separate living spaces, and desirable location, it's ready to b transformed into a true showpiece. Washer and Dryer will NOT stay with the property. All information to be verified.

1400 Dodson Avenue, Chattanooga