1422 Stratton Place Drive, Chattanooga, TN 37421
- $439,900
- 5
- BD
- 6
- BA
- 2,700
- SqFt
- List Price
- $439,900
- Status
- ACTIVE
- Price Change
- ▼ $10,000 1784138501
- MLS#
- 1533558
- Subtype
- Residential Income
- Year Built
- 1980
- Bedrooms
- 5
- Bathrooms
- 6
- Living Area
- 2,700
- Lot Size
- 14,681
- Acres
- 0.34
- Subdivision
- Stratton Place
Property Description
Welcome to 1422 Stratton Place Drive - an inviting INCOME PRODUCING duplex nestled in the highly desirable East Brainerd area! This convenient property offers easy access to major roadways, shopping centers, dining options, and everyday conveniences, making it an excellent choice for both homeowners, tenants and investors alike. Situated just off East Brainerd Road and mere minutes to Hamilton Place Mall & Gunbarrel Rd's top desinations. Unit A: 3 bedroom / 2.5 bathrooms Unit B: 2 bedroom / 1.5 bathrooms The exterior showcases a classic, well maintained facade with ample off-street parking, welcoming covered front porch and neatly kept lawn, adding to its curb appeal. Each unit provides comfortable living spaces with nice natural light, recently updated flooring & paint, in-unit laundry, a main level half bathroom, large living rooms, private rear access to decks, outdoor storage rooms, and a functional environment for tenants or owner-occupants. Unit A: 3 upstairs bedrooms / 2 full bathrooms. Leased for $1,995 per month. Unit B offers 2 upstairs bedrooms / 1 full hall bath. A grand renovation in 2025 with documentation records. Leased for $1,471 per month. Roof & HVAC systems (x2) are estimated to have been replaced in 2020-2021. With its prime location and strong rental potential, this property presents a valuable opportunity to own an investment property in one of Chattanooga's most convenient & sought-after areas. Current Gross Rental Income: 3,466 / month. $41,592 annually. 48 hour advance notice & proof of funds or available financing required for all showings. Schedule your private viewing today! All information is deemed reliable but not guaranteed; buyers and agents are encouraged to independently verify all details deemed necessary.
Additional Information
- Interior Features
- Tub/shower Combo, En Suite, Breakfast Room, Separate Dining Room, Plumbed, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Open Floorplan, Storage
- Exterior Features
- Private Yard, Storage
- Taxes
- $4,961
- Heating
- Central, Electric, Heat Pump, Separate Meters
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric, Multi Units
- Exterior Features
- Block, Brick, Other, Stone
- Levels
- Two
- Roof
- Asphalt, Shingle
- Foundation
- Block
- Parking Features
- Driveway, Off Street, Kitchen Level
- Elementary School
- East Brainerd Elementary
- Middle School
- East Hamilton
- High School
- East Hamilton
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Listing courtesy of Real Estate Partners Chattanooga LLC.