$ 225,000

1816 Dodds AVE

Chattanooga, TN 37404

  • 1,801 SqFt
  • 1 Lot Size
  • 1930 Year Built
Discover the potential of this centrally located 3-unit rental property, a hidden gem offering unparalleled convenience to downtown, hospitals, shopping, and dining.
For investors, this property presents a lucrative opportunity with multiple streams of rental income and the potential for significant value appreciation. Imagine the returns and growth it could add to your portfolio.
Alternatively, if you're considering a residence, envision the benefits of living in this prime location with easy access to amenities and a welcoming community. Plus, you can offset your mortgage with rental income from two additional units—one of which is currently vacant and move-in ready.
Don't miss out on this exceptional investment opportunity. Take action today to transform this property into the cornerstone of your investment portfolio or the cherished home where you'll create lasting memories! (HOME IS BEING SOLD AS IS)
This property is an ideal addition to your rental portfolio, offering three sources of steady cash flow. Unit A currently rents for $700/month on a month-to-month lease. Unit B is vacant and ready for occupancy. Unit C leases for $775/month on a month-to-month basis.
Contact the listing agent for more details or to schedule a private showing and seize this opportunity today!
Listed by EXP Realty, LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $225,000

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 1, 801 sqft

    Price per Sqft $124

    Subdivision Higgins

    MLS Listing ID 1395554

    Sold Date 10/04/24

    Year Built 1930

    Lot Size 1.000 Acres

    Acres 1.0

    Lot Dimensions 45X132

    Property Sub-Type Triplex

    Source Greater Chattanooga REALTORS®

  • Location

    State TN

    County Hamilton

    Area 1.0

  • Rooms

    Basement Crawl Space

  • Building

    Lot Description Sloped

    Faces Thru Brainerd tunnels going toward town, bear right, left on Dodds, past McCallie School, over main St., triplex is on left. Best to take left on 19th and left in Alley for parking.

    Story Two

    Water Public

    Structure Type Other

  • Interior

    Heating Central, Electric

    Cooling Central Air, Electric, Wall Unit(s), Window Unit(s)

    Fireplace No

    Heat Source Central, Electric

  • Exterior

    Parking Features Off Street

    Garage Description Off Street

    Community Features None

    Utilities Available Sewer Connected

    Roof Type Shingle

    Garage No

  • Schools

    Elementary Schools East Side Elementary

    Middle Schools Howard Middle

    High Schools Howard School Of Academics & Tech

  • Others

    Senior Community No

    Tax ID 156f G 030

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition Investor

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CONTACT

David Hanson
David Hanson
Email: david@hansoncapital.co Tel: +1(423) 599-9907

License ID: TN 338923 / GA 374620

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