Description
AMAZING Investment Opportunity! This beautifully updated tri-plex is located in the Highland Park community and is just minutes to downtown, parks, restaurants, shopping and hospitals. Unit A features a living room, kitchen, 2 bedrooms and 2 bath, currently being rented for $1600 per month Unit B is on the 2nd level with hardwood floors and an open floor plan. This unit has a living room, kitchen, dining area, owner's suite with private bath, 2 additional bedrooms and full bath. This unit is currently a VRBO and is rented out through the summer. Unit c is a 1 bedroom, 1 bath studio apartment and is currently being rented out at $1200 per month. This property could rent for $4000-4700. There is plenty of off street parking. Make your appointment for your private showing today.
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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2,956SQFT
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$245$/SQFT
School Information
Description
AMAZING Investment Opportunity! This beautifully updated tri-plex is located in the Highland Park community and is just minutes to downtown, parks, restaurants, shopping and hospitals. Unit A features a living room, kitchen, 2 bedrooms and 2 bath, currently being rented for $1600 per month Unit B is on the 2nd level with hardwood floors and an open floor plan. This unit has a living room, kitchen, dining area, owner's suite with private bath, 2 additional bedrooms and full bath. This unit is currently a VRBO and is rented out through the summer. Unit c is a 1 bedroom, 1 bath studio apartment and is currently being rented out at $1200 per month. This property could rent for $4000-4700. There is plenty of off street parking. Make your appointment for your private showing today.
1508 Bailey Ave Chattanooga, TN 37404
Property Description
Exterior Siding Garage Parking Off Street Parking Lot Description Level Lot Size Dimensions 50X135 Roof Shingle
Basement Crawl Space Cooling Central Description 2 Level Heating Central Unit One Bedrooms 2 Unit One Features Dining/Living ComboKitchenMicrowaveOven/Range Unit One Full Baths 2 Unit One Half Baths 0 Unit Three Bedrooms 1 Unit Three Features 1 Bath1 BedroomKitchenLiving RoomMicrowaveOven/Range Unit Three Full Baths 1 Unit Three Half Baths 0 Unit Two Bedrooms 3 Unit Two Features 2+ Baths3 BedroomsDeck/PatioDining/Living ComboKitchenLiving RoomMicrowaveOven/Range Unit Two Full Baths 2 Unit Two Half Baths 0
Community Features None Existing Financing None Financing CashConventional Gross Monthly Rent 4000.00 Home Warranty No Owner Pays None Possession Day Of Closing Property Sub Type Triplex Senior Community YN No Taxes 2563.00 Tenant Pays All Utilities Type Of Sale Investor Unit One Unit Number A Unit Three Unit Number C Unit Two Unit Number B Water Sewer Public Water
Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Real Estate Partners Chattanooga Llc: (423) 265-0088.
