1914 Chamberlain Ave Chattanooga, TN 37406

Property Details for 1914 Chamberlain Ave

Year built

2024

Lot size

0.15 lot acres

Property size

1,211 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents three brand-new, single-family homes in Chattanooga, Tennessee, built in 2024. Located on N Chamberlain Ave, these homes offer a compelling package for investors seeking to expand their rental portfolio or execute a 1031 exchange. Each home boasts approximately 1,200+ square feet of living space, featuring four bedrooms and two full bathrooms. The open floor plans include cathedral ceilings, solid LVP flooring, and modern kitchens with stainless steel appliances and granite countertops. Additional features include covered porches and decks, ample storage, Hardie board siding, and off-street parking. The properties are conveniently located near Amnicola Highway and downtown Chattanooga, offering easy access to major roadways and amenities. Utilities include EPB power and internet, TN American Water, and sewer. Each home comes with a one-year builder warranty. The asking price for all three homes is $815,000, with options to purchase one ($275,000) or two ($545,000) individually, subject to availability. Lot sizes range from 0.15 to 0.45 acres, and each home includes two parking spaces. One property is still under construction, with an estimated completion date of mid-November 2024. This is a rare chance to acquire a turnkey rental portfolio of high-quality, newly constructed homes in a desirable Chattanooga location.