2212 Bailey Avenue

Chattanooga, TN 37404

  • 3 Bed(s)
  • 1 Bath(s)
  • 1,064 Sqft
  • 0.15
    Acre(Lot)
$227,000

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.
photos: the only interior photos we have currently are branded with our watermark and so cannot be published on the mls. you may request those be sent by email.
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.

  • Property Type

    Residential

  • County

    Hamilton

  • Style

    Residential

  • AD ID

    49737681

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BuyOwner last updated this listing 05/31/2025 @ 22:02

  • MLS: 1512884
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Chattanooga

is a Home, with 3 bedrooms which is for sale, it has 1,064 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.