857 Wheeler Avenue Chattanooga, TN 37406
2 Beds
1 Bath
859 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 859 sqft
Price per Sqft $142
Subdivision Missionary Heights
MLS Listing ID 3242457
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1947
Annual Tax Amount $683
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50X146.75
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TN
County Hamilton County
Interior
Interior Features Open Floorplan
Heating None
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace N
Appliance Refrigerator, Electric Range
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public
Structure Type Other,Brick
New Construction false
Schools
Elementary Schools Orchard Knob Elementary School
Middle Schools Orchard Knob Middle School
High Schools Brainerd High School
Others
Senior Community false
Special Listing Condition Standard
