200 S Aster Avenue

Chattanooga, TN 37419

Investment Opportunity: Fully Renovated Triplex in Chattanooga! Listing Price: $475,000 Current Monthly Income: $3,900 Potential Monthly Income (Section 8): $4,800 Discover a fantastic investment opportunity with this meticulously renovated triplex located at 200 S Aster Ave, Chattanooga, TN 37419. This property boasts three fully self-contained units, each with its own water and electric meters, ensuring optimal management and tenant independence. Property Highlights: Strong Rental Income: Currently generating $3,900 per month with the potential to reach $4,800 per month under Section 8. Vacant Unit Ready for Owner Occupancy or New Tenant: The top left unit has just become vacant. The seller has a tenant lined up but is willing to wait a week for a buyer interested in living in the unit. Extensive Renovations: Each unit has been thoughtfully updated with: New roof and gutters New Hardie siding on the front New HVAC systems (including new insulation and drywall in the basement) New water heaters All new interior doors, lighting, and fresh paint Modern LVP flooring throughout Stylish kitchen upgrades: new cabinets, granite countertops, and stainless appliances Updated bathrooms featuring new bathtubs with tile surround, vanities, and toilets Local Attractions: Lookout Mountain: Just minutes away, this iconic destination offers breathtaking views, hiking trails, and attractions like Rock City and Ruby Falls. Chattanooga Riverwalk: Enjoy scenic walks, biking, and outdoor activities along the Tennessee River. Downtown Chattanooga: Experience vibrant dining, shopping, and entertainment options, including the Tennessee Aquarium and the Creative Discovery Museum. Ruby Falls and Incline Railway: Explore these popular attractions that draw tourists year-round, enhancing the appeal of the area. Proximity to I-24: Quick access to major highways makes commuting to nearby cities and attractions convenient. This triplex is an exceptional investment opportunity, combining strong rental income with the potential for personal use. Don't miss out on this chance to own a piece of Chattanooga's thriving rental market! Contact us today to schedule a viewing and explore the potential of this remarkable property.

This is an Pending listing.

Broker Office Phone Number: 423-664-1600

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