Investment Highlights
Individual Unit Garages:
Built in 1983, this duplex offers single-car garages for each unit, providing convenience and value for tenants. Each unit also boasts its own deck to the rear of the building, offering outdoor living space and enhancing tenant satisfaction.
Low Operational and Maintenance Costs:
As an owner you benefits from separate electric and water meters, allowing for efficient utility management and reducing operational expenses. Additionally Chattanooga taxes cover trash pick-up, further minimizing property management responsibilities and expenses.
Affordable Price Point and Income Potential:
Listed at $260,000, this property presents an affordable entry point into the Chattanooga real estate market. In this renter friendly market, and with minimal cosmetic updates, there is potential to increase rental income and maximize return on investment. Ideal for investors seeking a “near turnkey” property with low maintenance and steady rental income potential.
