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$189,900

NEW PRICE - $189,900 | TENANT-OCCUPIED INVESTMENT PROPERTY Add an income-producing Chattanooga rental to your portfolio with a tenant already in place and immediate rental income from day one. 1725 Newton St is currently leased at $1,437 per month through August 31, 2027, providing an investor with established income and no immediate need to market or lease the property. This property may be purchased individually or as part of a three-property Chattanooga rental portfolio that includes 1725 Newton St, 2120 Cleveland Ave and 1307 Wheeler Ave. Together, the three properties currently generate $4,654 per month / $55,848 annually in scheduled gross rent. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing instructions.

3 Beds ⋅ 2 Baths ⋅ 1540427 MLS

1725 Newton Street, Chattanooga

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