Lipstic Rehab East Ridge Fixer Upper!

Hamilton County, Chattanooga, TN, 37412
Sold
Listed at: August 24th, 2022
Price
$170,000
ARV
$250,000
Gross Margin
$80,000
Sq. Footage
1422
Type
Single-Family
Parking
Attached Garage
Year build
1955
Lot size
acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

1114 Altamaha Street, Chattanooga, TN 37412


Wholesale Price: $170,000

Est ARV: $250,000+


3 beds 2 bath

Living Area: 1,422 sqft

Market Rent Rate: $1,900

Year Built 1955


CASH BUYERS, LANDLORDS, FLIPPERS! Your next sweet deal is Here! This off-market Chattanooga, wholesale investment opportunity is just waiting for any Cash Buyer to come and scoop it up and make an amazing return any way you would like to go with it. This property in super HOT East Ridge could be a great flip or BRRRR. House was a rental property.Has had a recent roof replacement, AC works well, Kitchen was updated recently, but will still need updating and costmetic repair throughout. The property is currently condemned because previous tenants tore out wiring in the electrical box. Convenient location is only 15 minutes to downtown 15 min to Hamilton Place. Update this property and it will be ready to put on the market in no time for an amazing return or to keep and turn it into a long-term rental property. These deals don't last long!


Amazing Investment Opportunity with equity to add to your Rental portfolio, BRRRR, or a Quick Flip


Sold Comps:

3 Arnold Dr, Chattanooga, TN 37412 (SOLD: $317,000)

https://www.zillow.com/homedetails/3-Arnold-Dr-Chattanooga-TN-37412/55235190_zpid/


3806 Northview Ave, Chattanooga, TN 37412 ($279,000)

https://www.zillow.com/homedetails/3806-Northview-Ave-Chattanooga-TN-37412/55233808_zpid/


1302 Pleasant St, Chattanooga, TN 37412 ($245,000)

https://www.zillow.com/homedetails/1302-Pleasant-St-Chattanooga-TN-37412/55246749_zpid/?


Buy, Renovate, Refinance, Repeat for BRRRR Strategy and let it pay for itself.


Feel Free to drive by and scope out the property. CALL FOR ACCESS.


Please Call/Text Nick for any questions at 615-576-8294 or send an email to info@lowkeyinvestments.com


READY TO BUY!? SKIP TO THE FRONT OF THE LINE AND USE THE "WIN IT NOW" BUTTON IF YOU ARE READY TO PROCEED WITH THE PURCHASE AND HAVE A POF.

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. Buyers to do their own independent due diligence. Properties are sold AS-IS with NO INSPECTION PERIOD. Buyer is to pay all closing costs. Price based on a cash or hard money offer and is net to seller. All offers on properties require a Min $5,000 non-refundable earnest deposit. We do not make any guarantees concerning property conditions, values, characteristics, or financial benefits. Low Key Investments, LLC is not a licensed contractor or appraiser.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nick Ferrantino

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Disposition manager