16001610 SE Chippewa Avenue, Cleveland, TN 37311

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List Price
$195,000
Status
ACTIVE
Days on Market
37
Price Change
▼ $50,000 1787636743
MLS#
2795476
Subtype
Residential Income
Year Built
1990
Living Area
2,934

Property Description

This is the kind of deal investors look for: already leased, recently renovated multi-building property in the heart of Downtown Cleveland generating monthly rental income from day one. No lease-up risk, just stabilized cash flow in a market that continues to grow. The property sits on a corner lot with full city utilities -- water, sewer, and electric. Downtown Cleveland's trajectory, combined with the property's walk-to-everything location near shopping, dining, the Greenway, and public services, gives a future owner real room to grow rents as the market matures. Whether you're building a portfolio or adding a low-maintenance income property to an existing one, this checks the boxes.

Additional Information

Zoning
Mixed Use
Exterior Construction
Frame
Stories
1
Parking Features
Paved
Elementary School
Blythe-Bower Elementary
Middle School
Cleveland Middle
High School
Cleveland High

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Cleveland.

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