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520 S Holly St

Chattanooga, TN 37404
  • $2,649,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: RTC2694476
UPDATED: 58 min ago
$2,649,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,869
    SQFT
  • $178
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
High School:

Description

This 16-unit rental portfolio (12 single family and 2 duplexes) offers a prime investment opportunity in the rapidly growing Chattanooga market. The portfolio includes a mix of properties, including two duplexes, all within a 10-mile radius and just 20 minutes from downtown Chattanooga. All units feature new siding, roofs, flooring, lighting, interior paint, and appliances. The properties are 100% occupied, some are Section 8 and others with potential to flip to Section 8 if desired, providing stable and reliable rental income. Located in areas experiencing strong appreciation, these properties are poised for future value growth. This portfolio is perfect for investors looking for a turnkey operation with strong cash flow and long-term appreciation potential. Occupancy status subject to change.

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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Huffaker Group of Keller Williams, 615-208-3285). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Huffaker Group of Keller Williams. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-11-13T19:06:18.727.

Based on information submitted to the MLS GRID as of 2024-11-13T19:06:18.727. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.thehuffakergroup.com/homes/153898585
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520 S Holly St Chattanooga, TN 37404

  • Price: $2,649,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 58 min ago
  • MLS #: RTC2694476
0
Beds
0
Baths
0
½ Baths
N/A
Acres
14,869
SQFT
$178
$/SQFT
1960
Built
Neighborhood:
Highland Park Addn N
County:
Hamilton
Elementary School:
Orchard Knob Elementary School
Middle School:
Orchard Knob Middle School
High School:
The Howard School
Property Description
This 16-unit rental portfolio (12 single family and 2 duplexes) offers a prime investment opportunity in the rapidly growing Chattanooga market. The portfolio includes a mix of properties, including two duplexes, all within a 10-mile radius and just 20 minutes from downtown Chattanooga. All units feature new siding, roofs, flooring, lighting, interior paint, and appliances. The properties are 100% occupied, some are Section 8 and others with potential to flip to Section 8 if desired, providing stable and reliable rental income. Located in areas experiencing strong appreciation, these properties are poised for future value growth. This portfolio is perfect for investors looking for a turnkey operation with strong cash flow and long-term appreciation potential. Occupancy status subject to change.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Vinyl SidingWood Siding Covered Spaces 0 Garage YN No Levels One Lot Size Dimensions 51.7X135 Parking Total 0 View City View YN Yes Waterfront YN No

Interior Features

Above Grade Finished Area 14869 Cooling Central Air Cooling YN Yes Fireplace YN No Flooring Finished WoodLaminateTile Heating Central Heating YN Yes

Property Features

Association YN No Building Area Total 14869 Gross Income 440748 Inclusions NEGOT Laundry Features Individual Net Operating Income 440748 New Construction YN No Operating Expense 0 Pool Private YN No Property Attached YN Yes Sewer Public Sewer Special Listing Conditions Standard Stories 1 Tax Annual Amount 2362 Total Actual Rent 5985 Water Source Public Year Built Details EXIST Zoning Commercial

Realtracs Solutions logo Offered by Compass RE: 6154872100. Copyright 2024 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Huffaker Group of Keller Williams, 615-208-3285). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Huffaker Group of Keller Williams. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-11-13T19:06:18.727.

Based on information submitted to the MLS GRID as of 2024-11-13T19:06:18.727. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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The Huffaker Group of Keller Williams
2031 N. Mt. Juliet Rd Suite 101
Mt. Juliet TN, 37122