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1725 Newton Street, Chattanooga, TN 37406
- $189,900
- 3
- BD
- 2
- BA
- 1,062
- SqFt
- List Price
- $189,900
- Price Change
- ▼ $5,100 1790038598
- MLS#
- 1540427
- Status
- ACTIVE
- Type
- Single Family Residential
- City
- Chattanooga
- County
- Hamilton
- Bedrooms
- 3
- Bathrooms
- 2
- Baths Half
- 1
- Baths Full
- 1
- Living Area
- 1,062
- Lot Size
- 7,840
- Year Built
- 1920
Property Description
NEW PRICE - $189,900 | TENANT-OCCUPIED INVESTMENT PROPERTY Add an income-producing Chattanooga rental to your portfolio with a tenant already in place and immediate rental income from day one. 1725 Newton St is currently leased at $1,437 per month through August 31, 2027, providing an investor with established income and no immediate need to market or lease the property. This property may be purchased individually or as part of a three-property Chattanooga rental portfolio that includes 1725 Newton St, 2120 Cleveland Ave and 1307 Wheeler Ave. Together, the three properties currently generate $4,654 per month / $55,848 annually in scheduled gross rent. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing instructions.
Additional Information
- Acres
- 0.18
- Appliances
- Free-Standing Electric Range, Refrigerator
- Basement
- Crawl Space
- Cooling
- Central Air, Electric
- Exterior Features
- Other
- Floors
- Carpet
- Living Area
- 1,062
- Lot Description
- Level
- Style
- Contemporary
- Subdivision
- Avondale
- Year Built
- 1920
- Subdivision
- Avondale
- Heating
- Central, Ceiling
- Water
- Public
- Sewer
- Public Sewer
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Agent: Chanda Strickland | thebestrealty21@gmail.com
Office: Best Realty of Chattanooga LLC | 423-305-8666