Chattanooga, TN 37404,2212 Bailey AVE
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Chattanooga, TN 37404,2212 Bailey AVE
Chattanooga, TN 37404,2212 Bailey AVE
Chattanooga, TN 37404,2212 Bailey AVE
Chattanooga, TN 37404,2212 Bailey AVE
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$ 227,000
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Price Dropped by $8K

2212 Bailey AVE Chattanooga, TN 37404

3 Beds

1 Bath

1,064 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,064 sqft

Price per Sqft $213

Subdivision Montagues Addn #2

MLS Listing ID 1512884

Bedrooms 3

Full Baths 1

Year Built 2002

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50 x 134

Property Sub-Type Single Family Residence

Source Greater Chattanooga REALTORS®

Property Description

PROVEN INCOME PROPERTY. This newer (2002) income-producing asset is in a great area with quick nearby access to highways, UTC, hospitals, and downtown Chattanooga. Always a quick-to-lease rental. Current tenant pays $1,350 rent on a month-to-month lease. Cap rate in 2024 was 6%. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal.
NOTE RE ACCESS: Since this is an occupied rental property, access for a walk-thru can only be granted within 3 days of an accepted offer with a walk-thru contingency.

Location

State TN

County Hamilton

Area 0.15

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Heat Source Central, Electric

Exterior

Exterior Feature Private Yard

Parking Features Off Street

Garage Description Off Street

Utilities Available Cable Available, Electricity Connected

Garage No

Building

Lot Description City Lot, Level

Faces On south side of Bailey Ave. between S. Lyerly St. and S. Kelly St., a quarter mile west of Dodds Ave. overpass, and about one mile east of S. Holtzclaw Ave.

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Orchard Knob Elementary

Middle Schools Orchard Knob Middle

High Schools Howard School Of Academics & Tech

Others

Senior Community No

Tax ID 146n L 007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Rock Point Real Estate
agent

Ian Pfeiffer

Broker | License ID: 341343

+1(423) 847-2080

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2212 Bailey AVE