6314 Fisk Ave, Chattanooga, TN 37421

Description

Welcome to 6314 Fisk Ave - a very rare opportunity to exceed the 1% rule! This recently renovated triplex features three separately metered units with an excellent rental history. When fully occupied just recently, gross rents totaled $3,261/month, exceeding the 1% rule with room to push rents even higher. This investment includes two 2-bedroom, 1-bathroom units just under 800 square feet each, as well as a spacious 3-bedroom, 1-bathroom unit offering approximately 1,000 square feet of living space.

Here's where the flexibility comes in: Unit B was just freshly renovated and is vacant, and Unit A (currently rented at $1,376/month) will be vacant at closing and renovate...