BEDS3
BATHS
SQUARE FEET1,805
MLS#1543749
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHiggins
NEIGHBORHOODChattanooga
Property Description
Add a fully occupied, income-producing triplex to your portfolio! All three units are currently rented, generating a combined $2,842 per month, making this a strong opportunity for investors looking for an established multifamily property in Chattanooga.Recent improvements include a new roof, new gutters & downspout system, repaired fascia & soffit, and new window heating & cooling units added in each unit. The retaining wall at the rear of the property has also been replaced and the yard has been cleaned up and improved.Unit A has undergone additional renovations to meet Section 8 requirements, including drywall repairs, full interior paint, new luxury vinyl plank flooring, a new refrigerator, new oven/range, and additional updates throughout.With three occupied units, $2,842 in total monthly rent, and several major property improvements already completed, this triplex offers investors the opportunity to acquire an established rental property with income from day one. Conveniently located on Dodds Avenue with access to downtown Chattanooga and surrounding areas, this property is ready for its next owner!*Do not disturb the tenants*
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Electric, Multi Units, Window Unit(s)
Fuel Type: Electric
Heating: Electric
Lot Size: 0.15 Acres
Taxes: $3,299
Year Built: 1930
Units
Unit Type 1:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $1105.00
Square Footage: 600
Unit Type 2:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $887.25
Square Footage: 600
Unit Type 3:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $850.00
Square Footage: 600
Feature Descriptions
Appliances: Electric Range, Refrigerator, Water Heater
Days on Site: 18
Exterior: Stone, Vinyl Siding
Exterior Amenities: Rain Gutters
Flooring: Luxury Vinyl, Vinyl
Interior Amenities: Tub/shower Combo, Ceiling Fan(s)
Lot Dimensions: 45X132
Parcel #: 156f G 030
Parking: Off Street
Patio/Porch: Front Porch, Porch, Porch - Covered
Tenant Pays: All Utilities
Utilities: Electricity Connected, Sewer Connected, Water Connected
Local Schools
High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle
Elementary School: East Side Elementary
Listed By / Shown By
Listed By
Agency Name: Working Moms Realty LLC
Agency Phone: 423-826-9093
Shown By
Agency Title: Crye-Leike Real Estate Services - Adaro Realty - Memphis
Agency Phone: 901-751-6675
Source: CARMLS
Estimate Your Payment
Estimated Payment
$ 992.33 per month $634.29 Principal & Interest $274.92 Property Tax $83.13 Homeowner's InsuranceChange Payment Information
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1816 Dodds Avenue | MLS# 1543749
This multi-family property located at 1816 Dodds Avenue, Chattanooga, TN 37404 is currently listed for sale with an asking price of $285,000. Search Chattanooga real estate on www.adarorealty.com today.