1422 Stratton Place Drive
Property Description
Welcome to 1422 Stratton Place Drive - an inviting INCOME PRODUCING duplex nestled in the highly desirable East Brainerd area! This convenient property offers easy access to major roadways, shopping centers, dining options, and everyday conveniences, making it an excellent choice for both homeowners, tenants and investors alike. Situated just off East Brainerd Road and mere minutes to Hamilton Place Mall & Gunbarrel Rd's top desinations. Unit A: 3 bedroom / 2.5 bathrooms Unit B: 2 bedroom / 1.5 bathrooms The exterior showcases a classic, well maintained facade with ample off-street parking, welcoming covered front porch and neatly kept lawn, adding to its curb appeal. Each unit provides comfortable living spaces with nice natural light, recently updated flooring & paint, in-unit laundry, a main level half bathroom, large living rooms, private rear access to decks, outdoor storage rooms, and a functional environment for tenants or owner-occupants. Unit A: 3 upstairs bedrooms / 2 full bathrooms. Leased for $1,995 per month. Unit B offers 2 upstairs bedrooms / 1 full hall bath. A grand renovation in 2025 with documentation records. Leased for $1,471 per month. Roof & HVAC systems (x2) are estimated to have been replaced in 2020-2021. With its prime location and strong rental potential, this property presents a valuable opportunity to own an investment property in one of Chattanooga's most convenient & sought-after areas. Current Gross Rental Income: 3,466 / month. $41,592 annually. 48 hour advance notice & proof of funds or available financing required for all showings. Schedule your private viewing today! All information is deemed reliable but not guaranteed; buyers and agents are encouraged to independently verify all details deemed necessary.
Broker Details
Real Estate Partners Chattanooga LLC (423) 265-0088
MLS ID: 11385 State License Number: 334506
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $439,900 |
| No. of Units: | 2 |
| Year Built: | 1980 |
| Lot Size: | 2,700.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $219,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 6 |
ID: 3yd-CARTN-1533558
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
7822 Basswood Drive, Unit 7822
Chattanooga, Tennessee
1757 Cottage Hill Circle
New Market, TennesseeBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout