1301 Arlington Ave

Chattanooga, TN 37406
image0

2 bd, 1 ba | 825 sqft | Built in 1930

slider image
slider image
slider image
List Price
$110,000

Initial Investment

$29,975

Purchase Price

$110,000

Down Payment

25%

Rent

$1,220

Total Return

$77,608

Annualized Return

33.2%

Cap Rate

9.4%

Gross Yield

13.3%

Cash Flow

$3,714

Appreciation

8.9%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,712

HOA

None

Flood Risk

Not Required

Explore the remarkable potential of this centrally located 2-bedroom property, offering unparalleled convenience to downtown, hospitals, shopping, and dining. Just 10 minutes from Downtown Chattanooga, minutes from three key hospitals, and 15 minutes from the airport, this property ensures you're always close to what matters most.
For investors, this property is a hidden gem, currently rented at $920/month, providing a steady stream of rental income and the promise of future value growth. If you're considering a residence, you'll appreciate the ease of access to amenities and the benefits of a well-connected community.
Don't let this exceptional opportunity pass you by. Take advantage of this property's potential to become a standout addition to your investment portfolio or the perfect home for making lasting memories. Sold AS IS with no showings until after an accepted contract. Contact the listing agent today for more details and to schedule a private viewing.

See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885

Annual Financial Highlights

Expected Rent

$13,908

Expenses

-$3,214

Property Taxes

-$1,000

Loan Payments

-$5,980

Net Cash Flow

$3,714

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings



Listing Courtesy of:David Hanson
Agent License 338923
EXP Realty, LLC
Certified Agent Brokerage:Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Brokerage License 262943
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1500037
Last Updated: 11/14/2024 15:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.