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1816 Dodds Avenue, Chattanooga, TN 37404

$285,000
  • 1816 Dodds Avenue, Chattanooga, TN 37404 Main Photo

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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*

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 online.fusion2b.com today.

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: 9
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
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 992.33 per month $634.29 Principal & Interest $274.92 Property Tax $83.13 Homeowner's Insurance

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