908 Curleque Dr

Chattanooga, TN 37411
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3 bd, 2 ba | 2,064 sqft | Built in 1962

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List Price
$295,000

Initial Investment

$80,388

Purchase Price

$295,000

Down Payment

25%

Rent

$1,750

Total Return

$146,739

Annualized Return

22.6%

Cap Rate

5.0%

Gross Yield

7.1%

Cash Flow

-$2,039

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

22,651

HOA

None

Flood Risk

Not Required

The seller is just putting the finishing touches on this beautifully updated 3 bedroom, 2 full bath over a partial basement on a deep .52 +/- acre partially wooded lot in the centrally located Arcadia Heights neighborhood just minutes from schools, shopping, restaurants, hospitals and downtown Chattanooga. Some of the recent improvements include painting inside and out, refinished hardwoods, new tile new baths, new kitchen, new water heater, new HVAC, new hardware, new custom wood cabinetry, new trim, new lighting, regraded driveway and more! Your tour begins with entry from a front porch to the spacious living room that could easily accommodate a dining area then head into the eat-in kitchen where you will find granite countertops, farm sink, an electric cooktop with pot-filler, Dacor wall oven with warming drawer, display shelving, shiplap accents and access to the side deck and the spacious laundry/mud room which in turn has access to the rear patio. The primary bedroom has a private bath with a granite vanity and vessel sink, a lighted mirror and a tiled shower. Two additional bedrooms share the use of the full guest bath that also has vanity with a lighted mirror, a wall-mounted faucet and a tub/shower with tile surround. The basement has a bonus room with lofty ceiling, a utility room and an exterior door to the driveway for easy ingress and egress. Simply a fantastic opportunity for the buyer seeking a turn-key home in a super convenient location, so please call for more information and to schedule your private showing today. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$19,950

Expenses

-$3,551

Property Taxes

-$2,400

Loan Payments

-$16,038

Net Cash Flow

-$2,039

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

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Listing Courtesy of:Jay Robinson
Agent License 255994
Greater Downtown Realty dba Keller Williams Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1396330
Last Updated: 07/25/2024 23:07
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.