
FOR SALE AS IS- VALUE-ADD INVESTMENT OPPORTUNITY:Rare opportunity to acquire a value-add investment property with built-in income potential. This 4-bedroom, 3 bath home with approximately 2259 sq ft is already seperately metered for two units andoffers the potential to be reconfigured into a 5-bedroom residence OR a 3-unit rental, making it an ideal project for investors seeking strong returns. The main level features 2 bedrooms, 2 baths, 2 separate living areas, a formal dining room and a den, allowing flexible reconfiguration and additional bedroom or unit potential.The attached upper-level suite includes two bedrooms, one bathroom, a living room and laundry hookups, making it well suited for a long-term rental, short-term rental or a mother in law suite.Additional highlights include a crawl space foundation, onsite covered parking and a charming covered front porch with stone accents-adding curb appeal that enhances resale or rental value.While the property requires renovation, it represents a true value-add opportunity with multiple exit strategies; renovate and resell, hold as a multi-unit rental, or convert into a 3-unit income producing asset. Buyer to verify all information.
Listed By
Agency Name: Greater Chattanooga Realty, Keller Williams Realty
Agency Phone: 4236641600
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 562.08 per month $440.66 Principal & Interest $63.67 Property Tax $57.75 Homeowner's Insurance
1400 Dodson Avenue | MLS# 3121838
This single family home located at 1400 Dodson Avenue, Chattanooga, TN 37404 is currently listed for sale with an asking price of $198,000. This property was built in 1920 and has 4 bedrooms and 3 full baths with 2256 sq. ft. Search Chattanooga real estate on www.clcommercialrealestate.com today.