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16
Photos
1603 E 47th Street, Chattanooga, TN 37407
$115,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
1,042
sqft
Built in
1930
Outstanding Investment Opportunity and Charming Home Awaits You! Are you seeking an exceptional property that can offer both a lucrative investment and a comfortable place to call home? Look no further. This strategically positioned property is situated in a highly desirable area, where convenience to all the essentials is key. Located just minutes away from the bustling downtown area, hospitals, shopping centers, and a variety of dining options, its central location serves as a valuable asset. At present, this property is a reliable source of rental income, yielding $1,112 per month. This establishes it as a solid, income-generating investment right from day one. It's important to note that the property has recently undergone a minor renovation, ensuring it's in top shape for either a new tenant or a new owner. In consideration of the privacy and comfort of our valued tenants, we kindly request that property viewings be scheduled following an accepted contract. This approach is designed to facilitate a seamless process for all parties involved. Whether you're an astute investor searching for a promising addition to your portfolio or someone looking for an affordable and welcoming place to live, this property offers a multitude of possibilities. Don't miss the chance to explore this remarkable investment opportunity or to discover the benefits of making it your own home. Act now and seize this opportunity while it's still available!
Features & Amenities
Interior
- General:
- Open Floorplan, Primary Downstairs, Tub/shower Combo
- Appliances:
- Free-Standing Electric Range, Electric Water Heater
- Laundry:
- Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
- Basement:
- Crawl Space
- Flooring:
- Tile
- A/C:
- true, Central Air, Electric
- Heating:
- true, Central, Electric
- Fireplace:
- Fireplace, Fireplaces: 3
Exterior
- Parking:
- Kitchen Level, Off Street
Construction
- Roofing:
- Shingle
- General:
- Other, One, Block
Location
- Originating MLS:
- Greater Chattanooga REALTORS®
- County:
- Hamilton
Lot
- Zoning:
- Lot 13 Blk 11 Boulevard Park Addn P B 5 Pg 50 0167 26 08, 168i F 021
Utilities
- Utilities:
- Cable Available, Electricity Available, Phone Available, Sewer Connected
- Water:
- Public
Financial
- Source:
- Greater Chattanooga REALTORS®
This listing courtesy of:
EXP Realty, LLC
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Chattanooga, TN
Housing
- Number of Units
- 104,017
- Median Home Value
- $194,747
- Median Rent
- $769
46.46% of housing units are renter occupied.
9.12% are vacant.
Commute
- Car
-
73.56%
- Public Transportation
-
1.48%
- Walk to Work
-
1.51%
- Work from Home
-
22.57%
- Other
-
0.57%
The median travel time to work is 16 minutes.
People
- Population
- 213,893
- Median Age
- 38.60
- Median Household Size
- 2.34
Education
- High School
-
27.11%
- Associate’s Degree
-
8.63%
- Bachelor’s Degree
-
20.33%
- Graduate Degree
-
11.09%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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