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857 Wheeler Avenue, Chattanooga, TN 37406

$122,000
  • 857 Wheeler Avenue, Chattanooga, TN 37406 Main Photo

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New to the Market Contingent
BEDS2 BATHS1 full SQUARE FEET859 MLS#1536731
STATUSContingent PROPERTY TYPEResidential - Single Family SUBDIVISIONMissionary Heights NEIGHBORHOODChattanooga

Property Description

*Package Deal Opportunity: Two Homes Right Next to Each Other for Less Than $250,000*Rare opportunity to purchase one or both of these neighboring investment properties at 857 and 859 Wheeler Ave. Priced at just $122,000 each, these homes offer investors, landlords, and value minded buyers an excellent opportunity in a convenient Chattanooga location.Both properties are currently tenant occupied with tenants in place for the next several months, providing immediate rental income potential for the next owner. Located just minutes from Erlanger Hospital, UTC, downtown Chattanooga, shopping, dining, and major employers, these homes are positioned in an area with strong rental demand.Both homes were extensively renovated by a previous owner prior to the current owner's purchase. Since acquiring the properties, the current owner has also completed crawl space encapsulations on both homes, providing added peace of mind and helping reduce future maintenance concerns.Whether you are looking to add to your rental portfolio, purchase your first investment property, or take advantage of the opportunity to own two homes side by side, this is a unique offering at an attractive price point. Opportunities like this are becoming harder to find.No showings will be permitted until an accepted contract is in place. Please do not disturb tenants.

857 Wheeler Avenue | MLS# 1536731

This single family home located at 857 Wheeler Avenue, Chattanooga, TN 37406 is currently listed for sale with an asking price of $122,000. This property was built in 1947 and has 2 bedrooms and 1 full baths with 859 sq. ft. Wheeler Avenue is located in the Missionary Heights subdivision. Search Missionary Heights real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Window Unit(s)
Heating: None
Lot Size: 0.17 Acres
Taxes: $683
Year Built: 1947

Feature Descriptions

Appliances: Electric Range, Electric Water Heater, Refrigerator
Days on Site: 2
Exterior: Brick, Other
Exterior Amenities: Private Yard
Flooring: Vinyl
Interior Amenities: Open Floorplan, Primary Downstairs, Tub/shower Combo
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Lot: Level
Lot Dimensions: 50X146.75
Parcel #: 146d F 007
Parking: Driveway
Patio/Porch: Porch
Utilities: Cable Available, Electricity Available, Phone Available, Sewer 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: RE/MAX Renaissance Realtors
Agency Phone: 423-756-5700

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

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Estimated Payment

$ 364.02 per month $271.52 Principal & Interest $56.92 Property Tax $35.58 Homeowner's Insurance

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