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6215 Walden Avenue, Chattanooga, TN 37421

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For Sale

$1,990,000

1,520 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,309.21
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Investor Opportunity - Six-Home Rental Portfolio | $1,990,000 Turnkey rental portfolio of six single-family homes, fully leased and cash-flowing offered as a package only. Five of the properties are brand-new construction featuring a popular 3 bed / 2.5 bath layout with the primary suite on the main level, covered front porch, and spacious rear deck. Luxury vinyl plank flooring throughout, granite countertops, galley kitchen with modern open shelving and stainless appliances. These homes are located at: 6215 Walden Ave - $2,500/mo (Section 8) 6219 Walden Ave - $2,500/mo (Section 8) 6325 Talladega Ave - $2,500/mo (Section 8) 6401 Atlanta Ave - $2,250/mo, secured with a two-year lease 6321 Talladega Ave - Vacant and available to show The sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2,775/mo on a furnished corporate lease. Furniture to convey. Renovations include a new roof, new flooring, upgraded cabinetry, appliances, lighting, exterior paint, serviced HVAC, and added side deck for outdoor enjoyment. Total Gross Monthly Rent: now $12,525 with $15,025 as total potential for increased income from the vacant unit, projected to rent for $2500/mo. Excellent Section 8 and corporate tenancy in place. All six homes are in strong rental corridors and have been professionally maintained. Owner will not divide package. A rare opportunity to own a stable, income-producing portfolio with minimal deferred maintenance and strong rental income. Vacant property (6321 Talladega Ave) is able to be shown by appointment, all others will be shown once an accepted contract is in place. **Please do not disturb tenants in other units.**
MLS# 1513677

Courtesy Of Real Estate Partners Chattanooga LLC

(423) 362-8333

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Deck, Porch
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl
  • Lot Size
    0.16 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 6215 Walden Avenue, Chattanooga, TN 37421

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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