1725 Newton Street, Chattanooga, TN 37406
- $189,900
- 3
- BD
- 2
- BA
- 1,062
- SqFt
- List Price
- $189,900
- Status
- ACTIVE
- Price Change
- ▼ $5,100 1790038598
- MLS#
- 1540427
- Subtype
- Residential
- Style
- Contemporary
- Year Built
- 1920
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,062
- Lot Size
- 7,840
- Acres
- 0.18
- Subdivision
- Avondale
Property Description
NEW PRICE - $189,900 | TENANT-OCCUPIED INVESTMENT PROPERTY Add an income-producing Chattanooga rental to your portfolio with a tenant already in place and immediate rental income from day one. 1725 Newton St is currently leased at $1,437 per month through August 31, 2027, providing an investor with established income and no immediate need to market or lease the property. This property may be purchased individually or as part of a three-property Chattanooga rental portfolio that includes 1725 Newton St, 2120 Cleveland Ave and 1307 Wheeler Ave. Together, the three properties currently generate $4,654 per month / $55,848 annually in scheduled gross rent. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing instructions.
Additional Information
- Interior Features
- Eat-in Kitchen, Tub/shower Combo
- Exterior Features
- Other
- Taxes
- $697
- Property Description
- Contemporary
- Appliances
- Free-Standing Electric Range, Refrigerator
- Heating
- Central, Ceiling
- Air Conditioning
- Central Air, Electric
- Exterior Features
- Other
- Levels
- One
- Roof
- Shingle
- Foundation
- Block
- Parking Features
- Concrete
- Elementary School
- Hardy Elementary
- Middle School
- Orchard Knob Middle
- High School
- Brainerd High
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Listing courtesy of Best Realty of Chattanooga LLC.