2110 E 18th Street, Chattanooga, TN 37404

$275,000
3
BD
2
BA
1,254
SqFt

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List Price
$275,000
Status
ACTIVE
MLS#
1538839
Bedrooms
3
Bathrooms
2
Half baths
1
Living Area
1,254
Subdivision
Anderson & Eckford

Property Description

* Investor Opportunity! Package Deal Available! * Buy both properties together for just $500,000! Don't miss this rare opportunity to own two neighboring income producing properties in the heart of Chattanooga. 2110 E 18th St is a beautifully remodeled 1920s home full of character, while 2112 E 18th St is a newer construction home built in 2022. Both homes feature 3 bedrooms, are well maintained, and are currently occupied by excellent tenants paying $1,500 per month each, providing immediate cash flow from day one. The best part? Both leases are month to month, giving the next owner the flexibility to continue renting them, adjust rents as the market changes, or occupy one or both properties if desired. Purchase each property individually with 2110 offered at $275,000 and 2112 offered at $240,000, or take advantage of the discounted package price of $500,000 for both. Whether you're looking to expand your rental portfolio, complete a 1031 exchange, or create a family compound with two homes right next to each other, the possibilities are endless. Live in one and rent the other, keep both as income producing rentals, or hold them as long term investments. Conveniently located just minutes from downtown Chattanooga, hospitals, shopping, restaurants, and everything the city has to offer, these properties are truly turnkey and ready for their next owner to start collecting rent immediately.

Additional Information

Exterior Features
Private Yard
Cooling
Central Air, Window Unit(s)
Sewer
Public Sewer
Water
Public
Elementary School
Eastside Elementary
Middle School
Orchard Knob Middle
High School
Howard School Of Academics & Tech

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Renaissance Realtors.