Investment Portfolio for Sale | 6 Properties | Chattanooga, TN Offered at $1,339,200 | Fully Occupied This is a rare opportunity to acquire a fully leased rental portfolio consisting of 5 single-family rental homes and 1 duplex in Chattanooga, TN. One of the properties is currently utilized as a business, offering a mix of residential and commercial income. All properties are fully occupied, each with individual driveways, ample parking, and fenced-in & flat backyards. All leases are month-to-month and tenants have been there for multiple years. Rent is below market value. Leases and showings are available upon submission of an LOI. Property Highlights: 1501 Fruitland (Duplex | 1,792 SF | Built 1975) - Current rents: $750 & $550/month - Two bedrooms & one bathroom per unit (upstairs) - Each side includes laundry room, screened- in porch, ceiling fans - Fenced yard | 55x242’ lot - Unit B - covered carport 1502 Fruitland (Single-Family | 1,103 SF | Built 1941) - 3 bedrooms | 1 full bath | 1 half bath - Detached garage with roll-up door, fenced backyard, wood floors, tile in kitchen, AC - Charming front and back porch - $750/month rent | 60x200’ lot 1503 Fruitland (Single-Family | 960 SF | Built 1970) - 2 bedrooms | 1 bath | laundry room | wood floors - Wheelchair ramp | fenced yard | outdoor storage (6x5’) - Sits on 0.18 acres - Covered back porch and carport 1505 Fruitland (Single-Family | 1,095 SF | Built 1940) - Long-term tenant (20+ years) | $750/month rent - 2 bedrooms | 1 bath | laundry room | wood floors - Fenced yard | 0.18 acres - Covered carport and screened- in porch 1507 Fruitland (Single-Family | 1,019 SF | Built 1970) - 2 bedrooms | 1 bath | fireplace | porch - Detached garage | large fenced backyard | Exterior Shed - $800/month rent 1505 Maxwell Rd (Commercial | 1,188 SF | Built 1950) - 6 offices, kitchen, 1 bathroom, attached garage - $750/month rent - Currently being used as a commercial office Portfolio Features - Fully Occupied – Immediate Income - Residential & Commercial Mix - Individual Driveways + Ample Parking - All Properties Have Fenced Backyards - Total Offering: $1,339,200 This portfolio presents a strong turnkey investment opportunity in Chattanooga’s growing rental market. Investment Highlights: - Houses are all within the same block, thus easier to manage. - Most houses are within C-2 Zoning, so more could potentially be converted to offices, which could generate a higher income. Buyer to verify. - Buyer to verify if these could be Short Term Vacation Rentals - higher income. - Properties were appraised in 2023. - Rents are below market rate.