Turnkey investment opportunity: a fully rebuilt, four-unit multifamily property offering immediate cash flow potential with none of the near-term capital expense risk of older stock. Every unit was renovated down to the studs, combining modern finishes with updated structural and mechanical systems throughout.Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer -- the kind of finish level that supports strong rents and low turnover. Electric and water utilities are separately metered for simplified expense allocation, and the property includes a full fire sprinkler system and fire hydrant for reduced long-term risk.Delivered vacant, this property gives an investor full control over tenant selection, lease terms, and rental rates from day one -- ideal for setting rents at true market rate rather than inheriting legacy leases. The unit mix includes three two-bedroom residences and one one-bedroom, and the oversized, R-3-zoned lot may offer additional development or accessory-income potential, subject to buyer verification. A rare chance to acquire renovated, income-ready multifamily in Chattanooga with upside built in.
Listed By
Agency Name: Real Estate Partners Chattanooga LLC
Agency Phone: 423-265-0088
Shown By
Agent Name: Rollin Stapp
Agent Phone: (423) 227-7504
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 2,205.22 per month $1,524.51 Principal & Interest $480.92 Property Tax $199.79 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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314 E View Drive | MLS# 1542313
This multi-family property located at 314 E View Drive, Chattanooga, TN 37404 is currently listed for sale with an asking price of $685,000. Search East Ridge real estate on rollinstapp.crye-leike.com today.