
Description
Investor Opportunity - Six-Home Rental Portfolio | $1,990,000 Turnkey rental portfolio of six single-family homes, fully leased and cash-flowingoffered as a package only. Five of the properties are brand-new construction featuring a popular 3 bed / 2.5 bath layout with the primary suite on the main level, covered front porch, and spacious rear deck. Luxury vinyl plank flooring throughout, granite countertops, galley kitchen with modern open shelving and stainless appliances. These homes are located at: 6215 Walden Ave - $2,500/mo (Section 8) 6219 Walden Ave - $2,500/mo (Section 8) 6325 Talladega Ave - $2,500/mo (Section 8) 6401 Atlanta Ave - $2,250/mo, secured with a two-year lease 6321 Talladega Ave - Vacant and available to show The sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2,775/mo on a furnished corporate lease. Renovations include a new roof, new flooring, upgraded cabinetry, appliances, lighting, exterior paint, serviced HVAC, and added side deck for outdoor enjoyment. Total Gross Monthly Rent: now $12,525 with $15,025 as total potential for increased income from the vacant unit, projected to rent for $2500/mo. Excellent Section 8 and corporate tenancy in place. All six homes are in strong rental corridors and have been professionally maintained. Owner will not divide package. A rare opportunity to own a stable, income-producing portfolio with minimal deferred maintenance and strong rental income. Vacant property (6321 Talladega Ave) is able to be shown by appointment, all others will be shown once an accepted contract is in place. **Please do not disturb tenants in other units.**
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3BEDS
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0.17ACRES
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2BATHS
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11/2 BATHS
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1,520SQFT
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$230$/SQFT
School Information
Description
Investor Opportunity - Six-Home Rental Portfolio | $1,990,000 Turnkey rental portfolio of six single-family homes, fully leased and cash-flowingoffered as a package only. Five of the properties are brand-new construction featuring a popular 3 bed / 2.5 bath layout with the primary suite on the main level, covered front porch, and spacious rear deck. Luxury vinyl plank flooring throughout, granite countertops, galley kitchen with modern open shelving and stainless appliances. These homes are located at: 6215 Walden Ave - $2,500/mo (Section 8) 6219 Walden Ave - $2,500/mo (Section 8) 6325 Talladega Ave - $2,500/mo (Section 8) 6401 Atlanta Ave - $2,250/mo, secured with a two-year lease 6321 Talladega Ave - Vacant and available to show The sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2,775/mo on a furnished corporate lease. Renovations include a new roof, new flooring, upgraded cabinetry, appliances, lighting, exterior paint, serviced HVAC, and added side deck for outdoor enjoyment. Total Gross Monthly Rent: now $12,525 with $15,025 as total potential for increased income from the vacant unit, projected to rent for $2500/mo. Excellent Section 8 and corporate tenancy in place. All six homes are in strong rental corridors and have been professionally maintained. Owner will not divide package. A rare opportunity to own a stable, income-producing portfolio with minimal deferred maintenance and strong rental income. Vacant property (6321 Talladega Ave) is able to be shown by appointment, all others will be shown once an accepted contract is in place. **Please do not disturb tenants in other units.**


6321 Talladega Avenue Chattanooga, TN 37421
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Exterior Features Rain Gutters Fencing [] Foundation Details Block Garage YN No Lot Features LevelRectangular Lot Other Structures [] Parking Features DrivewayOff Street Patio And Porch Features DeckPorch - Covered Pool Features [] Roof AsphaltShingle Roof Asphalt Yes Roof Shingle Yes Spa YN No Structure Type House View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Range HoodFree-Standing RefrigeratorFree-Standing Electric RangeDishwasher Basement [] Basement YN No Building Area Total 1520 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Luxury Vinyl Heating CentralElectric Heating YN Yes Interior Features Double VanityEn SuiteGranite CountersPrimary DownstairsTub/shower ComboWalk-In Closet(s) Laundry Features InsideLaundry Room Levels Two Window Features Insulated Windows
Additional Parcels YN Yes Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Grazing Permits BLMYN No Grazing Permits Private YN No Green Energy Efficient [] Green Energy Generation [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional Miscellaneous Inclusions All appliances in kitchen including refrigerator. New Construction YN Yes Other Equipment [] Property Sub Type Single Family Residence Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Tax Annual Amount 280.46 Utilities Electricity ConnectedSewer ConnectedWater Connected Utilities Sewer Connected Yes Water Source Public

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Listing courtesy of Real Estate Partners Chattanooga LLC: 423-362-8333.




