5801 Wentworth Avenue, Chattanooga, TN 37412

$270,000
4
BD
4
BA
1,676
SqFt

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List Price
$270,000
Status
ACTIVE
MLS#
1525150
Subtype
Residential Income
Style
A-Frame
Year Built
1970
Bedrooms
4
Bathrooms
4
Living Area
1,676
Lot Size
6,250
Acres
0.14
Subdivision
Del Rey Park

Property Description

Exceptional Opportunity for Passive Income in East Chattanooga This is a prime chance to acquire a meticulously maintained, cash-flowing duplex located in a highly desirable 37412 zip code. 5801 Wentworth Ave is a true turn-key asset, perfect for investors seeking immediate, secure, and stable returns without the immediate need for tenant sourcing or renovation. The property features two identical units, each configured as a 2-bedroom, 1-bathroom (2/1) apartment. The overall condition of the property is excellent, reflecting consistent maintenance and responsible tenant care. Secure, Long-Term Cash Flow: The primary attraction of this investment is the exceptionally strong tenancy and guaranteed income stream. Both Unit A and Unit B are currently occupied by long-term tenants with leases firmly in place until the end of 2026. Each tenant pays a reliable monthly rent of $950.00, resulting in a strong total gross monthly income of $1,900.00. Both leases stipulate a no-pet policy, contributing to the excellent preservation of the property. Acquire stability and predictability with this hassle-free investment. This property offers maximum returns with minimal near-term management effort. Contact us immediately to review the financials and schedule a showing. Do not disturb tenants.

Additional Information

Taxes
$1,052
Property Description
A-Frame
Appliances
Dishwasher, Electric Range, Electric Water Heater
Heating
Central
Air Conditioning
Central Air
Foundation
Block
Parking Features
Assigned, Driveway
Elementary School
Spring Creek Elementary
Middle School
East Ridge Middle
High School
East Ridge High

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Calculator source: Real Geeks

Listing courtesy of Oak and Willows Real Estate Collective PLLC.