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1508 Bailey AvenueChattanooga, TN 37404Price: $725,000

  • Price: $725,000
  • Est. Mortgage of $/month
  • 35 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $725,000List Price
  • 0.15Acreage
  • 1920Year Built
  • 2,956Square Feet
1508 Bailey Avenue Chattanooga TN 37404
1508 Bailey Avenue Chattanooga TN 37404

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Coming Soon! AMAZING Investment Opportunity! This beautifully updated tri-plex is located in the Highland Park community and is just minutes to downtown, parks, restaurants, shopping and hospitals. Unit A features a living room, kitchen, 2 bedrooms and 2 bath, currently being rented for $1600 per month Unit B is on the 2nd level with hardwood floors and an open floor plan. This unit has a living room, kitchen, dining area, owner's suite with private bath, 2 additional bedrooms and full bath. This unit is currently a VRBO and is rented out through the summer. Unit c is a 1 bedroom, 1 bath studio apartment and is currently being rented out at $1200 per month. This property could rent for $4000-4700. There is plenty of off street parking. Make your appointment for your private showing today.

Property Details of 1508 Bailey Avenue

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Based on information submitted to TN_REALTRACS as of May 29, 2023 6:56 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Listed by Mark Hite and Eric Tidmore of Real Estate Partners Chattanooga,LLC