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BEDS0
BATHS
SQUARE FEET1,040
MLS#1529163
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMissionary Hgts
NEIGHBORHOODChattanooga
Property Description
Income-producing duplex priced for strong cash flow. Each unit offers 1 bedroom and 1 bathroom, serving steady workforce rental demand in the Chattanooga market.Unit 2016 is occupied by a long-term tenant through CHA's Housing Choice Voucher Program at $1,015/month -- government-backed income with low vacancy risk.Unit 2018 has been made rent-ready and is available for immediate lease-up.Projected gross income approaches ~$24,000 annually at full occupancy, offering attractive yield potential at this price point. Affordable small multifamily opportunities under $160K in Chattanooga are increasingly limited.Ideal for buy-and-hold investors, first-time landlords, or portfolio expansion.Contact me for additional financial details and to schedule a showing.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s), Wall Unit(s)
Lot Size: 0.15 Acres
Taxes: $1,076
Year Built: 1930
Units
Unit Type 1:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $1015.00
Square Footage: 520
Unit Type 2:
Bedrooms: 1
Bathroom(s): 1.0
Square Footage: 520
Feature Descriptions
Appliances: Electric Range, Electric Water Heater, Refrigerator
Days on Site: 6
Lot Dimensions: 50X132.5
Parcel #: 146c E 014
Parking: Off Street
Tenant Pays: All Utilities
Utilities: Electricity Connected, Sewer Connected, Water Connected
Local Schools
High School: Brainerd High
Middle School: Orchard Knob Middle
Elementary School: Orchard Knob Elementary
Listed By / Shown By
Listed By
Agency Name: Mountain View Property Management, LLC
Agency Phone: 423-668-0151
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: CARMLS
Estimate Your Payment
Estimated Payment
$ 492.17 per month $355.87 Principal & Interest $89.67 Property Tax $46.64 Homeowner's Insurance
2016 Rawlings Street | MLS# 1529163
This multi-family property located at 2016 Rawlings Street, Chattanooga, TN 37406 is currently listed for sale with an asking price of $159,900. Search Chattanooga real estate on www.clcommercialrealestate.com today.