About This Home
This 2-bedroom, 1-bathroom single family at 1204 E 34th Street in Chattanooga, TN is listed for $189,000 ($225 per sqft). Built in 1950, the home offers 840 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1950
- 0.16 acre lot
Property Details
Amenities
Great investment opportunity! This property offers an 840 sq. ft. 2 bed / 1 bath main house along with a separate 454 sr. ft. 2 bed / 1 bath ADU located at the rear of the property. With two separate living spaces, this property offers plenty of flexibility.
An investor could potentially generate approximately $2,000 per month in combined rental income, while an owner occupant could live in one space and rent the other to help offset monthly expenses. The main house is currently vacant and rent ready while the ADU is currently occupied with a tenant paying $795/mo.
ADU can be accessed by a public ally. Please DO NOT disturb the tenant. This property is conveniently located with access to downtown and major roadways, this could be a great addition to a rental portfolio or an opportunity for someone looking to own a home while creating additional rental income.
Buyer to verify square footage, zoning, permitted use of the ADU, rental potential, and any other information deemed important. Rental income is projected and not guaranteed. ** ADU is tenant occupied and may not be shown until after contract in is place. **
Monthly Cost Estimate
$1,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1204 E 34th Street
Chattanooga, TN 37407
White City Ammended
Features & Amenities
Interior Features
Property Details
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1204 E 34th Street is listed at $189,000 ($225/sqft). The estimated monthly payment is $1,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.16 acre lot. Interior Features: Breakfast Bar, Ceiling Fan(s).
This property is listed by Emily Berryman and can be reached at 4234516654.
