1700 Ashmore AvenueChattanooga, TN 37415Price: $465,000

Two homes, one lot, minutes from North Shore, and income already in place! This property is tucked back from the road and surrounded by mature trees, giving it a private feel despite being close to everything. Follow the walkway around to the front of the main home and you arrive at a large covered front porch. Through the front door is a generous living room for a home this size. Continue forward and the space opens into a dining area connected to a galley style kitchen on the right, which features updated cabinetry and countertops. Through the other side of the kitchen is the laundry room with a door out to the back deck. The bedroom layout is split off the living room with the primary bedroom and bathroom to the right, while two additional bedrooms and the guest bathroom are to the left. The main home has updated flooring throughout, updated bathrooms, and has just been freshly painted inside. The front porch and back deck have been restained and the landscaping has been freshened up with new mulch throughout. It is move-in ready or rent-ready from day one. The detached brick studio is approximately 750 square feet and is currently occupied by a tenant on a one year lease that transfers to the new owner at closing, providing immediate guaranteed income from day one. The main home is currently vacant and ready for its next tenant or owner. A detached one car garage completes the property. With two income producing structures, a vacant main home, and a location minutes from North Shore, this property is easy to evaluate and the upside is clear.