3501 Wilcox Blvd

Chattanooga, TN 37411
image0

3 bd, 1 ba | 1,201 sqft | Built in 1952

slider image
slider image
slider image
List Price
$210,000

$15K

Initial Investment

$57,225

Purchase Price

$210,000

Down Payment

25%

Rent

$1,560

Total Return

$117,208

Annualized Return

25.6%

Cap Rate

6.2%

Gross Yield

8.9%

Cash Flow

$950

Appreciation

9.1%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Open House Sunday September 17th between 2-4 pm. Introducing a beautifully remodeled 3-bedroom haven in the heart of Chattanooga! This single-level gem boasts modern luxury and convenience at every turn. Step inside to discover a gourmet kitchen adorned with gleaming stainless steel appliances, elegant butcher block countertops, and brand-new cabinets that make meal prep a joy.The attention to detail continues throughout the house with updates that include a pristine new roof and stylish flooring, ensuring both durability and aesthetic appeal. The bathroom updates offer a spa-like retreat for your daily indulgence.Outside, you'll find a detached 2-car garage, providing ample storage space and shelter for your vehicles. The level yard is a canvas for your outdoor dreams, offering endless possibilities for gardening, play, or relaxation.Located in a desirable location close to downtown, 2 miles away from CHI Memoria Hospital, 4 miles away from Chattanooga Airport, and nearby many other conveniences on Brainerd Rd near Eastgate Towne Center. This home is a sanctuary of modern living, where convenience meets comfort. Don't miss your chance to make it yours - schedule a viewing today!

See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885

Annual Financial Highlights

Expected Rent

$17,784

Expenses

-$3,617

Property Taxes

-$1,800

Loan Payments

-$11,417

Net Cash Flow

$950

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings



Listing Courtesy of:Corey Ballew
Agent License 332263
Real Broker, LLC
Certified Agent Brokerage:Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Brokerage License 262943
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1379824
Last Updated: 09/28/2023 00:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.