1. Tennessee
  2. Chattanooga
  3. 5727 N Morgan Ln
$655,000

5727 N Morgan Ln, Chattanooga, TN 37415

  • 3,112 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $210/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome to 5727 North Morgan Lane, Chattanooga, TN—an exceptional investment opportunity offering consistent income potential. This recently renovated property comprises three 2-bedroom units and one 1-bedroom units, totaling 3112 square feet of living space. The entire building and individual units have undergone professional updates and renovations within the past year - see attached documents for details. Each unit features a back porch, inviting tenants to unwind and enjoy the outdoors, complemented by a generous lot that enhances the property's appeal. With tenants already in place, this investment ensures a steady financial return. Detailed rent rolls and further information are available upon request to serious buyers, currently grossing almost $4k per month.. Incredible opportunity to own a well-maintained, income-generating property in a desirable location in Chattanooga, TN.

Listing Status:
Active
Listing Office:
Compass Tennessee, LLC : 6154755616
Listing Agent:
Cindy Wallace : 6152607582
MLS ID:
2885121
  • Laundry: Share
  • Flooring: Laminate
  • A/C: Wall/Window Unit(s)
  • Heating: Other

This listing courtesy of Cindy Wallace, Compass Tennessee, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hixson Elementary School

5950 Winding Ln, Hixson, TN, 37343

Grades KG-5

1.18 miles away

R

Red Bank Middle School

3701 Tom Weathers Dr, Chattanooga, TN, 37415

Grades 6-8

3.24 miles away

R

Red Bank High School

640 Morrison Springs Rd, Chattanooga, TN, 37415

Grades 9-12

3.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.