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PROVEN INCOME PROPERTY. This solid income-producing asset is located just off of Bonny Oaks Dr., a major traffic artery with quick access to highways, Hamilton Mall, Hixson, Chickamauga Lake, Harrison Bay, and downtown Chattanooga. Always a quick-to-lease rental with a reliable income stream. Current tenant pays $1,350 rent on a month-to-month lease. Cap rate in 2024 was 5.1%. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal. NOTE RE ACCESS: Since this is an occupied rental property access for a walk-thru can only be granted within 3 days of an accepted offer with a walk-thru contingency.
Property Type(s):
Single Family
| Last Updated | 4/30/2025 | Tract | Jenkins Charles E |
|---|---|---|---|
| Year Built | 1965 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Bess T. Shepherd Elementary |
|---|---|
| Jr. High School | Tyner Middle Academy |
| High School | Tyner Academy |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Refrigerator |
| AREA | Chattanooga |
| CONSTRUCTION | Brick |
| EXTERIOR | None |
| HEAT | Central |
| LOT | 0.4 acre(s) |
| LOT DIMENSIONS | 90X195 |
| PARKING | Driveway, Off Street |
| SEWER | Public Sewer |
| STYLE | Ranch |
| SUBDIVISION | Jenkins Charles E |
| TAXES | 1244.1 |
| UTILITIES | Cable Available, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listing Courtesy of Rock Point Real Estate
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.
This site was last updated on 5/6/25 4:39 PM PDT
Copyright© 2002 by Chattanooga Association of REALTORS®
This IDX solution is (c) Diverse Solutions 2025.
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