Description
INVESTOR SPECIAL! Here's your opportunity to build your real property portfolio with THREE newer builds! All three single family homes were built in 2009. Each home features 4 bedrooms, 2 bathrooms, a laundry/mudroom, an open living/dining/kitchen concept, and single level living. All three homes are currently leased month to month to long term tenants for $875/month ($2,625 GMI), however, appraised (Tindell) lease values range from $1,400 - $1,600 per month ($4,200 - $4,800 GMI). Two homes are on adjacent lots located just one mile from Chattanooga's Mill Town (milltownchattanooga.com) [1916 & 1922 Lynnbrook Ave., Chattanooga, TN 37404] and the third home is located less than one mile from Rossville, GA's growing downtown city center featuring dining, coffee, and shopping but with the benefit of the TN tax structure [2610 E. 46th St., Chattanooga, TN 37407]. No sign on properties. Tenant rights prevail, no showings until after accepted/bound contract. DO NOT DISTURB TENANTS.
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4BEDS
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0.09ACRES
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2BATHS
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01/2 BATHS
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1,323SQFT
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$374$/SQFT
School Information
Description
INVESTOR SPECIAL! Here's your opportunity to build your real property portfolio with THREE newer builds! All three single family homes were built in 2009. Each home features 4 bedrooms, 2 bathrooms, a laundry/mudroom, an open living/dining/kitchen concept, and single level living. All three homes are currently leased month to month to long term tenants for $875/month ($2,625 GMI), however, appraised (Tindell) lease values range from $1,400 - $1,600 per month ($4,200 - $4,800 GMI). Two homes are on adjacent lots located just one mile from Chattanooga's Mill Town (milltownchattanooga.com) [1916 & 1922 Lynnbrook Ave., Chattanooga, TN 37404] and the third home is located less than one mile from Rossville, GA's growing downtown city center featuring dining, coffee, and shopping but with the benefit of the TN tax structure [2610 E. 46th St., Chattanooga, TN 37407]. No sign on properties. Tenant rights prevail, no showings until after accepted/bound contract. DO NOT DISTURB TENANTS.
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1916 Lynnbrook Ave Chattanooga, TN 37404
Property Description
Exterior Vinyl Siding Exterior Features Porch Covered Foundation Block Garage Parking Off Street Parking Lot Size Dimensions 41X100 Roof Shingle
Appliances Electric Range - Free StandingRefrigerator Basement None Baths Total 2.00 Beds And Baths Master On Main Level Cooling Central Dining Combined W/Living Fireplaces 0.00 Heating Central Master Bedroom Level First Number Of Rooms 6 Rooms Master Bedroom (1 Level) Full Bathroom (1 Level) Full Bathroom (1 Level) Bedroom (1 Level) Bedroom (1 Level) Bedroom (1 Level) Dining Room (1 Level) Kitchen (1 Level) Living Room (1 Level)
Association Fee 0 Auction No Builders Warranty No Description 1 LevelSite Built Financing CashConventional Home Warranty No Possession NegotiableTenant Rights Senior Community YN No Taxes 1319.27 Type Of Sale Investor Utilities Cable Lines/Under GroundElectric Lines/Under GroundTelephone Lines/Under Ground Water Sewer On SewerPublic Water
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Listing information © 2022 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Scout Realtor Group, Llc: (423) 541-2800.
