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520 S Holly Street

Chattanooga, TN 37404
  • $2,295,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 1531005
UPDATED: 55 min ago
$2,295,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,596
    SQFT
  • $1,438
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:

Description

THIS PROPRTY MUST BE PURCHASED AS RENTAL PACKAGE. ADDITIONAL MLS NUMBERS TO FOLLOW. PROPERTY WILL NOT BE SOLD INDUVIDUALLY. TOTAL PACKAGE PRICE IS $2,295,000. This package of homes includes 12 single family homes and 2 duplex units. Purchase this updated and cash flowing rental property to increase your monthly revenue stream and lock in potential tax advantages. Updates include but not limited to siding, roofing, windows, gutters and flooring. These units produce nearly $21,000 in monthly gross revenues. Leases in place with many long-term tenants. These units would be a great addition to any portfolio or great for new investor as they are currently rented, updated and ready for new ownership. No sign on property. Please do not disturb tenants. Subject to Tenant's Rights. Showings once fully executed Letter of Intent in place. Buyer to verify any and all information deemed essential. Properties all to be sold in As Is condition. This unit was fully renovated in 2018 with updated electrical, baths, kitchens and more. Great location near UTC. Total rent for both sides is $2525.

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www.thehollisgroup.com/homes/174389974
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520 S Holly Street Chattanooga, TN 37404

  • Price: $2,295,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 55 min ago
  • MLS #: 1531005
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1,596
SQFT
$1,438
$/SQFT
1960
Built
Neighborhood:
None
County:
Hamilton
Area:
Chattanooga
Elementary School:
Orchard Knob Elementary
Middle School:
Orchard Knob Middle
High School:
Howard School Of Academics & Tech
Property Description
THIS PROPRTY MUST BE PURCHASED AS RENTAL PACKAGE. ADDITIONAL MLS NUMBERS TO FOLLOW. PROPERTY WILL NOT BE SOLD INDUVIDUALLY. TOTAL PACKAGE PRICE IS $2,295,000. This package of homes includes 12 single family homes and 2 duplex units. Purchase this updated and cash flowing rental property to increase your monthly revenue stream and lock in potential tax advantages. Updates include but not limited to siding, roofing, windows, gutters and flooring. These units produce nearly $21,000 in monthly gross revenues. Leases in place with many long-term tenants. These units would be a great addition to any portfolio or great for new investor as they are currently rented, updated and ready for new ownership. No sign on property. Please do not disturb tenants. Subject to Tenant's Rights. Showings once fully executed Letter of Intent in place. Buyer to verify any and all information deemed essential. Properties all to be sold in As Is condition. This unit was fully renovated in 2018 with updated electrical, baths, kitchens and more. Great location near UTC. Total rent for both sides is $2525.
Exterior Features

Architectural Style Other Attached Garage YN No Carport YN No Construction Materials Other Exterior Features [] Fencing [] Foundation Details Block Garage YN No Lot Features Level Other Structures [] Parking Features Off Street Patio And Porch Features DeckPorch Pool Features [] Roof Metal Roof Metal Yes Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No

Interior Features

Accessibility Features [] Appliances RefrigeratorElectric Water HeaterElectric Range Basement Crawl Space Basement YN Yes Building Area Total 1596 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring LaminateLuxury Vinyl Heating CentralElectric Heating YN Yes Interior Features Laminate CountersTub/shower Combo Laundry Features In UnitLaundry Closet Levels One Window Features Other

Property Features

Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Tax Annual Amount 2362.11 Utilities Cable AvailableElectricity ConnectedSewer ConnectedWater Connected Utilities Sewer Connected Yes Water Source Public

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Listing information © 2026 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of 5H Realty Services, LLC: 423-875-6087.



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Cassie King | Realtor® | Better Homes and Gardens Signature Brokers
3326 St. Elmo Avenue
Chattanooga TN, 37408