117 Valley View Avenue A, B, C, Chattanooga, TN 37415

$447,000
6
BD
3
BA
2,292
SqFt

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List Price
$447,000
Status
ACTIVE
MLS#
1541536
Style
Ranch
Bedrooms
6
Bathrooms
3
Living Area
2,292
Subdivision
Valley View

Property Description

Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one. The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket. Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.

Additional Information

Roof
Asphalt, Shingle
Cooling
Wall Unit(s)
Sewer
Public Sewer
Water
Public
Elementary School
Alpine Crest Elementary
Middle School
Red Bank Middle
High School
Red Bank High School

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Calculator source: Real Geeks

Listing courtesy of Fletcher Bright Realty.