🌄Buy & Hold or Quick Flip⌛ 

This property is located in a rapidly developing area of Chattanooga, near the vibrant Southside district, which features popular destinations that drive foot traffic and local business. Its proximity to I-24 and Highway 27 offers easy commuting to major employers, enhancing its appeal for tenants. The community is undergoing revitalization, with new developments boosting property values.

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ASKING PRICE: $155K

ARV: $270K

Perfect For:

🛠️Fix & Flip🏡

(Purchase Price) $155K + (Rehab) $20K = (Total Investment) $175K

(ARV) $270K - (Total Investment) $175K = (Gross Profit) $95K

FOR SALE COMPS:

3503 Divine Ave, Chattanooga, TN 37407 FOR SALE $270K

SOLD COMPS:

3700 15th Ave, Chattanooga, TN 37407 SOLD $253K

3101 10th Ave, Chattanooga, TN 37407 SOLD $180K

1181 Chippewah Dr, Chattanooga, TN 37412 SOLD $190K

3100 7th Ave, Chattanooga, TN 37407 SOLD $150K

Property Overview:

🛏  2 Bed

🛁 1 Bath

📏 930 Sqft

🌳 .27 Acres

📅 Built in 1930

Property Details:

🧱Foundation: Block frame on Crawlspace

🪟Windows: 5 years old

🏠Roof: 3-4 Years old

💨HVAC Unit: On Window Unit

💦HWH: 1 Year Old

💡Electrical: Recently Updated Breakers 

🌊Water: City

🚽Waste: Sewer

Additional Insights:

🚧 Attention Required: 

• Light Cosmetic Repair
• May need HVAC unit depending on project goals
• Recently Renovated within the past few years

PLEASE CALL TO SCHEDULE SHOWINGS

919-646-9714

TENTATIVE CLOSE DATE: ON OR BEFORE 01/06/2024

*PROPERTY IS VACANT*