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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.
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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This site was last updated on 5/7/25 5:58 AM PDT
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