Investor Special | Income-Producing Property on 2 AcresOpportunity is knocking loud on this one. This 1940s two-story home sits on a spacious 2-acre lot and is ready for a full renovation. With the right vision, this property could be restored to its original charm or reimagined into a high-performing investment.The main house features original hardwood floors, large bedrooms, a spacious living room, and a formal dining room, along with an enclosed front porch that adds to its vintage appeal. Previously converted into separate living spaces with its own exterior entrance, the layout offers flexibility for multi-unit conversion or multi-generational living.The real value? Additional income already in place.The property includes a townhome with 2 units--one currently occupied and generating income, and the other vacant and ready for lease or renovation. The occupied unit was remodeled several years ago, providing a solid starting point for continued cash flow.With 2 acres of land, multiple structures, and strong upside potential, this is a true value-add opportunity for investors, flippers, or anyone looking to build equity.Sold AS-IS. Cash or renovation financing recommended.Bring your contractor, your vision, and a willingness to roll up your sleeves--this one could pay off in a big way.This house was inherited and the current owners have no knowledge of the home. There is also a townhouse on the property. Be careful as there are unstable floors in the front bedroom in the upper unit. Buyers to do their due diligence.
Listed By
Agency Name: Crye-Leike, REALTORS
Shown By
Agent Name: Vicki McIntosh Klein, Managing Broker
Agent Phone: (601) 842-8190
Agency Title: McIntosh & Associates, LLC, REALTORS®
Estimated Payment
$ 1,262.63 per month $856.84 Principal & Interest $293.50 Property Tax $112.29 Homeowner's Insurance
3118 Easton Avenue | MLS# 1531764
This single family home located at 3118 Easton Avenue, Chattanooga, TN 37415 is currently listed for sale with an asking price of $385,000. This property was built in 1940 and has 4 bedrooms and 3 full and 1 partial baths with 4135 sq. ft. Search Chattanooga real estate on www.vickiklein.com today.