Homes for sale - 6219 Walden AVE, Chattanooga, TN 37421

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,520 sqft

Price per Sqft $230

Subdivision Washington Park

MLS Listing ID 1513680

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 2024

Lot Size 6,969 Sqft

Property Sub-Type Single Family Residence

Property Description

Investor Opportunity - Six-Home Rental Portfolio | $1,990,000

Turnkey rental portfolio of six single-family homes, fully leased and cash-flowing—offered as a package only. Five of the properties are brand-new construction featuring a popular 3 bed / 2.5 bath layout with the primary suite on the main level, covered front porch, and spacious rear deck. Luxury vinyl plank flooring throughout, granite countertops, galley kitchen with modern open shelving and stainless appliances. These homes are located at:

6215 Walden Ave - $2,500/mo (Section 8)

6219 Walden Ave - $2,500/mo (Section 8)

6325 Talladega Ave - $2,500/mo (Section 8)

6401 Atlanta Ave - $2,250/mo, secured with a two-year lease

6321 Talladega Ave - Vacant and available to show

The sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2,775/mo on a furnished corporate lease. Renovations include a new roof, new flooring, upgraded cabinetry, appliances, lighting, exterior paint, serviced HVAC, and added side deck for outdoor enjoyment.

Total Gross Monthly Rent: now $12,525 with $15,025 as total potential for increased income from the vacant unit, projected to rent for $2500/mo.

Excellent Section 8 and corporate tenancy in place. All six homes are in strong rental corridors and have been professionally maintained. Owner will not divide package.

A rare opportunity to own a stable, income-producing portfolio with minimal deferred maintenance and strong rental income. Vacant property (6321 Talladega Ave) is able to be shown by appointment, all others will be shown once an accepted contract is in place. **Please do not disturb tenants in other units.**

Location

State TN

County Hamilton

Area 0.16

Interior

Heating Central,Electric

Cooling Central Air,Electric

Flooring Luxury Vinyl

Inclusions All appliances in kitchen including refrigerator.

Laundry Inside,Laundry Room

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway,Off Street

Garage Description Driveway, Off Street

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Asphalt,Shingle

Building

Lot Description Level,Rectangular Lot

Story Two

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools Bess T. Shepherd Elementary

Middle Schools Tyner Middle Academy

High Schools Tyner Academy

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Investor