200 S Aster Avenue, Chattanooga, TN 37419

Townhouse
THB ฿16,528,946
USD $475,000
Published on: 02 Nov 2024
Last updated on: 10 Nov 2024
200 S Aster Avenue, Chattanooga, TN 37419
200 S Aster Avenue, Chattanooga, TN 37419
200 S Aster Avenue, Chattanooga, TN 37419
+33
200 S Aster Avenue, Chattanooga, TN 37419
  • 33
Property ID: 110095499416
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Triplex - Chattanooga, TN

200 S Aster Avenue, Chattanooga, TN 37419
Investment Opportunity: Fully Renovated Triplex in Chattanooga!Listing Price: $475,000Current Monthly Income: $3,900Potential Monthly Income (Section 8): $4,800Discover a fantastic investment opportunity with this meticulously renovated triplex located at 200 S Aster Ave, Chattanooga, TN 37419. This property boasts three fully self-contained units, each with its own water and electric meters, ensuring optimal management and tenant independence.Property Highlights:Strong Rental Income: Currently generating $3,900 per month with the potential to reach $4,800 per month under Section 8.Vacant Unit Ready for Owner Occupancy or New Tenant: The top left unit has just become vacant. The seller has a tenant lined up but is willing to wait a week for a buyer interested in living in the unit.Extensive Renovations: Each unit has been thoughtfully updated with:New roof and guttersNew Hardie siding on the frontNew HVAC systems (including new insulation and drywall in the basement)New water heatersAll new interior doors, lighting, and fresh paintModern LVP flooring throughoutStylish kitchen upgrades: new cabinets, granite countertops, and stainless appliancesUpdated bathrooms featuring new bathtubs with tile surround, vanities, and toiletsLocal Attractions:Lookout Mountain: Just minutes away, this iconic destination offers breathtaking views, hiking trails, and attractions like Rock City and Ruby Falls.Chattanooga Riverwalk: Enjoy scenic walks, biking, and outdoor activities along the Tennessee River.Downtown Chattanooga: Experience vibrant dining, shopping, and entertainment options, including the Tennessee Aquarium and the Creative Discovery Museum.Ruby Falls and Incline Railway: Explore these popular attractions that draw tourists year-round, enhancing the appeal of the area.Proximity to I-24: Quick access to major highways makes commuting to nearby cities and attractions convenient.This triplex is an exceptional investment opportunity, combining strong rental income with the potential for personal use. Don't miss out on this chance to own a piece of Chattanooga's thriving rental market! Contact us today to schedule a viewing and explore the potential of this remarkable property.

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Pending
Land Size
1,537.81 m2
Building Size
315.87 m2
Year Built
1980
Architecture Style
Other
Building Unit Count
3
Num Floors
2
Franchise
Keller Williams Realty
County
Hamilton
Parcel ID
154j B 001.04
Provider
Keller Williams Realty
Brokerage Office Name
Keller Williams Realty
Brokerage Office Phone
(423) 664-1600
Neighbourhoods
Chattanooga
Address
200 S Aster Avenue, Chattanooga, TN 37419

Nearby Schools

TypeSchool nameDistrict name
ElementaryLookout Valley ElementaryNot available
HighLookout Valley HighNot available
JuniorhighLookout Valley MiddleNot available
MiddleLookout Valley MiddleNot available
Contact Agent
Stevie Rifenberick
7158 Lee Hwy, Chattanooga, TN 37421
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Stevie Rifenberick
7158 Lee Hwy, Chattanooga, TN 37421
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      Property ID: 110095499416

      Data provided by Keller Williams Realty, MLS #: 1502283
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