117 Valley View Avenue A, B, C, Chattanooga, TN 37415
- $447,000
- 6
- BD
- 3
- BA
- 2,292
- SqFt
- List Price
- $447,000
- Status
- ACTIVE
- MLS#
- 1541536
- Subtype
- Residential Income
- Style
- Ranch
- Year Built
- 1955
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 2,292
- Lot Size
- 22,000
- Acres
- 0.51
- Subdivision
- Valley View
Property Description
Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one. The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket. Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.
Additional Information
- Taxes
- $4,236
- Property Description
- Ranch
- Appliances
- Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
- Air Conditioning
- Wall Unit(s)
- Exterior Features
- Brick, Vinyl Siding
- Roof
- Asphalt, Shingle
- Foundation
- Block
- Parking Features
- Asphalt, Driveway, Off Street
- Elementary School
- Alpine Crest Elementary
- Middle School
- Red Bank Middle
- High School
- Red Bank High School
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Listing courtesy of Fletcher Bright Realty.