409 Colville Street

Description

Exceptional investment opportunity in one of Chattanooga's most sought-after neighborhoods! This North Shore duplex at 409 Colville St offers 2,083 sq ft of income-producing potential with strong fundamentals and turnkey condition. Currently generating $3,100/month in rental income with both units occupied. The main level features a spacious 2 bed/2 bath unit plus office with in-unit laundry and charming front porch, and access to fenced in yard. Currently leased month-to-month at $1,850/month. The upper level offers a 2 bed/1 bath unit with in-unit laundry, leased at $1,250/month through July 31st. Both units feature modern LVP and tile flooring throughout and separate entrances for privacy and convenience. The fenced backyard includes a nice patio area perfect for tenants to enjoy outdoor living. This is a rare opportunity for investors seeking cash flow or owner-occupants looking to offset their mortgage by living in one unit while renting the other. Prime North Shore location offers close proximity to Coolidge Park, vibrant Frazier Avenue dining and entertainment, the Riverwalk, and Normal Park Schools. This is a rare opportunity to own in one of the city's most dynamic and walkable neighborhoods. Whether you're building your rental portfolio or looking to move into the city, 409 Colville delivers location, income, and upside potential.