1403 Elrod ST, Cleveland, TN 37311
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1403 Elrod ST, Cleveland, TN 37311
1403 Elrod ST, Cleveland, TN 37311
1403 Elrod ST, Cleveland, TN 37311
1403 Elrod ST, Cleveland, TN 37311
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$ 360,000
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1403 Elrod ST Cleveland, TN 37311

5 Beds

3 Baths

2,124 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,124 sqft

Price per Sqft $169

MLS Listing ID 1546032

Bedrooms 5

Full Baths 3

Year Built 1970

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 1600X890

Property Sub-Type Single Family Residence

Source Greater Chattanooga REALTORS®

Property Description

Two Properties. Three Income-Producing Units. One Incredible Investment Opportunity! Welcome to 1403 Elrod St SE, where immediate rental income meets exceptional investment potential! This rare multi-property offering includes 1405 Elrod St SE, providing investors with two extensively renovated properties and three income-producing units in one attractive package.

Featuring a charming single-family home with 1 bedroom and 1 bathroom, along with a duplex, this unique opportunity offers versatility, established rental income, and long-term value. Both properties have undergone extensive renovations, showcasing durable LifeProof flooring, granite kitchen countertops, stylish tile backsplashes, and beautifully updated bathrooms complete with marble vanities and ceramic tile shower surrounds.

What truly sets this investment apart is its established rental history! All three units are currently tenant occupied, with tenants boasting more than five years of rental history and exceptional payment records. Whether you are expanding your real estate portfolio or seeking an opportunity to eventually occupy one unit while generating income from the others, this turnkey investment offers the perfect combination of modern upgrades, consistent rental history, and future potential.

Don't miss your chance to secure two properties and three income-producing units in one exceptional investment!

Location

State TN

County Bradley

Area 0.33

Interior

Interior Features Ceiling Fan(s), Tub/shower Combo

Heating Electric, Zoned

Cooling Central Air, Zoned

Flooring Vinyl

Fireplace No

Appliance Washer/Dryer, Refrigerator, Microwave, Free-Standing Electric Range, Dishwasher

Heat Source Electric, Zoned

Laundry Electric Dryer Hookup, Inside, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway, Gravel, Off Street

Garage Description Driveway, Gravel, Off Street

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Shingle

Porch Covered, Front Porch, Porch - Covered

Garage No

Building

Lot Description Cleared, Few Trees, Level

Faces Take exit 20 toward Cleveland, take 64 west towards Cleveland, left on Wildwood, left on 14th St, then right on Elrod, Homes are on the left.

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools Blythe Bower Elementary

Middle Schools Cleveland Middle

High Schools Cleveland High

Others

Senior Community No

Tax ID 057l M 028.00

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard


Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Keller Williams Realty

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1403 Elrod ST