10 Fountain Circle

Description

This 6-unit, 3-duplex investment at 3711 Fountain Avenue and 10 Fountain Circle offers a rare opportunity to acquire a well-positioned multi-family package across two lots totaling approximately 1.05 acres. Located just 10 minutes from downtown Chattanooga, 10 minutes from Hamilton Place Mall, and approximately 15 minutes from the Chattanooga Airport, the property blends everyday convenience with a private setting. Generous yard space and a large parking area provide ample off-street parking. At 3711 Fountain Avenue, Unit A offers 4 bedrooms and 2 bathrooms, while Unit B includes 2 bedrooms and 1 bathroom. At 10 Fountain Circle, Units A, B, C, and D each feature 2 bedrooms and 1 bathroom. All units are separately metered, with the exception of Units C and D at 10 Fountain Circle, which share a common water line. Tenants are responsible for their own utilities; for Units C and D, water remains in the landlord's name and is billed back to the tenants for reimbursement. Several units have been improved with new HVAC systems, helping reduce near-term maintenance costs and improve operational efficiency. This combination of privacy, location, and functional unit mix drives consistent demand and makes the property an easy, reliable rental package for both current operations and long-term ownership.