506 W 35th Street

Description

An outstanding investment opportunity in Somerville Cottages, a thoughtfully designed and steadily growing community in South Chattanooga. This brand-new 4-unit townhome offers turn-key ownership in a high-demand rental area, combining modern construction with long-term upside. Each unit is finished with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, and high ceilings, delivering the kind of quality and durability renters want—and owners appreciate. These are not upgrade features; they come standard, reinforcing the exceptional value of this asset. The property features a strong, flexible unit mix with two 2-bedroom, 1.5-bath units and two 1-bedroom, 1-bath units, ideal for attracting a wide range of tenants. Clean layouts, abundant light, and modern finishes create broad appeal and support consistent occupancy. Built as new construction and delivered fully turn-key, the property includes a 1/2/10 new-home warranty and is located in a maintenance-free community, minimizing operational headaches and unexpected expenses. In a market where many multi-family options require significant capital improvements, this property offers simplicity and peace of mind from day one. Surrounded by the amenities and energy of South Chattanooga—including downtown, Main Street, St. Elmo, Broad Street, Publix, and the new Erlanger Stadium just minutes away—this investment benefits from location-driven demand without relying on hype. Simply put, this is a rare chance to acquire brand-new, low-maintenance multi-family with strong renter appeal and outstanding value in a growing Chattanooga community.