Description
Don't miss this opportunity to own a cash-flowing 6-unit apartment building in desirable Bradley County--just minutes from I-75, Cleveland, and Chattanooga. The property is currently generating $4,047 per month in rental income with one vacant unit currently marketed for $850 per month, providing immediate upside for a new owner. The unit mix consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a strong blend of unit types to attract a variety of tenants. Each unit is individually metered, with tenants paying their own utilities while the owner is responsible only for trash service, helping keep operating expenses low. Constructed with a low-maintenance brick exterior, this property is built for long-term durability and ease of ownership. Located outside the Cleveland city limits, owners benefit from county-only property taxes. With below-market rents and room to optimize income over time, this property offers an excellent value-add opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking immediate cash flow or long-term appreciation through improved rental performance, this is an investment worth adding to your portfolio. Note: there is one vacant unit that may be viewed. All other units to be viewed once under contract. Please do not disturb tenants. No sign on property.
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8BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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3,888SQFT
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$146$/SQFT
School Information
Description
Don't miss this opportunity to own a cash-flowing 6-unit apartment building in desirable Bradley County--just minutes from I-75, Cleveland, and Chattanooga. The property is currently generating $4,047 per month in rental income with one vacant unit currently marketed for $850 per month, providing immediate upside for a new owner. The unit mix consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a strong blend of unit types to attract a variety of tenants. Each unit is individually metered, with tenants paying their own utilities while the owner is responsible only for trash service, helping keep operating expenses low. Constructed with a low-maintenance brick exterior, this property is built for long-term durability and ease of ownership. Located outside the Cleveland city limits, owners benefit from county-only property taxes. With below-market rents and room to optimize income over time, this property offers an excellent value-add opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking immediate cash flow or long-term appreciation through improved rental performance, this is an investment worth adding to your portfolio. Note: there is one vacant unit that may be viewed. All other units to be viewed once under contract. Please do not disturb tenants. No sign on property.
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Property Description
Architectural Style Ranch Attached Garage YN No Construction Materials Brick Exterior Features [] Fencing None Foundation Details Brick/Mortar Lot Features [] Other Structures [] Parking Features AsphaltOff StreetParking Lot Patio And Porch Features Front Porch Pool Features [] Roof Shingle Roof Shingle Yes Spa YN No Structure Type Multi Family View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Water HeaterOven Basement None Basement YN No Building Area Total 3888 Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Luxury Vinyl Heating Central Heating YN Yes Interior Features [] Laundry Features Electric Dryer HookupWasher Hookup Levels Two Window 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 Multi Family Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Structure Type Multi Family Yes Tax Annual Amount 1596 Utilities Electricity ConnectedSewer Connected Utilities Sewer Connected Yes Water Source Public

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Listing courtesy of Keller Williams Realty: 423-664-1600.