Chattanooga, TN 37404,1816 Dodds AVE
Chattanooga, TN 37404,1816 Dodds AVE
Chattanooga, TN 37404,1816 Dodds AVE
Chattanooga, TN 37404,1816 Dodds AVE
Chattanooga, TN 37404,1816 Dodds AVE
Chattanooga, TN 37404,1816 Dodds AVE
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$225,000

$225,000

Est.Price: ?

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Est. payment /mo

1,801 SqFt


SOLD DATE : 10/04/2024

Key Details

Sold Price $225,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,801 sqft

Price per Sqft $124

Subdivision Higgins

MLS Listing ID 1395554

Sold Date 10/04/24

Originating Board Greater Chattanooga REALTORS®

Year Built 1930

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 45X132

Property Description

Discover the potential of this centrally located 3-unit rental property, a hidden gem offering unparalleled convenience to downtown, hospitals, shopping, and dining.
For investors, this property presents a lucrative opportunity with multiple streams of rental income and the potential for significant value appreciation. Imagine the returns and growth it could add to your portfolio.
Alternatively, if you're considering a residence, envision the benefits of living in this prime location with easy access to amenities and a welcoming community. Plus, you can offset your mortgage with rental income from two additional units—one of which is currently vacant and move-in ready.
Don't miss out on this exceptional investment opportunity. Take action today to transform this property into the cornerstone of your investment portfolio or the cherished home where you'll create lasting memories! (HOME IS BEING SOLD AS IS)
This property is an ideal addition to your rental portfolio, offering three sources of steady cash flow. Unit A currently rents for $700/month on a month-to-month lease. Unit B is vacant and ready for occupancy. Unit C leases for $775/month on a month-to-month basis.
Contact the listing agent for more details or to schedule a private showing and seize this opportunity today!

Location

State TN

County Hamilton

Area 1.0

Rooms

Basement Crawl Space

Interior

Heating Central, Electric

Cooling Central Air, Electric, Wall Unit(s), Window Unit(s)

Fireplace No

Heat Source Central, Electric

Exterior

Parking Features Off Street

Garage Description Off Street

Community Features None

Utilities Available Sewer Connected

Roof Type Shingle

Garage No

Building

Lot Description Sloped

Faces Thru Brainerd tunnels going toward town, bear right, left on Dodds, past McCallie School, over main St., triplex is on left. Best to take left on 19th and left in Alley for parking.

Story Two

Water Public

Structure Type Other

Schools

Elementary Schools East Side Elementary

Middle Schools Howard Middle

High Schools Howard School Of Academics & Tech

Others

Senior Community No

Tax ID 156f G 030

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Investor

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Listed by EXP Realty, LLC
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