409 Colville St, Chattanooga, TN 37405

Beds
4
Baths
3
Sqft
2,083

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Listed byDonald L. Tindell Inc
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Overview

Exceptional investment opportunity in one of Chattanooga's most sought-after neighborhoods! This North Shore duplex at 409 Colville St offers 2,083 sq ft of income-producing potential with strong fundamentals and turnkey condition. Currently generating $3,100/month in rental income with both units occupied.

The main level features a spacious 2 bed/2 bath unit plus office with in-unit laundry and charming front porch, and access to fenced in yard. Currently leased month-to-month at $1,850/month.
The upper level offers a 2 bed/1 bath unit with in-unit laundry, leased at $1,250/month through July 31st. Both units feature modern LVP and tile flooring throughout and separate entrances for privacy and convenience.

The fenced backyard includes a nice patio area perfect for tenants to enjoy outdoor living. This is a rare opportunity for investors seeking cash flow or owner-occupants looking to offset their mortgage by living in one unit while renting the other.

Prime North Shore location offers close proximity to Coolidge Park, vibrant Frazier Avenue dining and entertainment, the Riverwalk, and Normal Park Schools. This is a rare opportunity to own in one of the city's most dynamic and walkable neighborhoods. Whether you're building your rental portfolio or looking to move into the city, 409 Colville delivers location, income, and upside potential.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
4
Number of bathrooms
3
Square feet
2,083
Lot size (acres)
0.20
Year built
1912

Interior features

Laundry
In Unit

Utilities

Heating
Natural Gas, Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount
$3,175.56

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Greater Chattanooga Realtors MLS®#: 1536351 Last checked:

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