Wholesale Houses ChattanoogaWholesale Houses Chattanooga
If you're looking for something with a LOT of exit options, this could be a GREAT fit!
Click the "walk through" button on my website to get an invite to see it in person SOON!
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Gaylon Heights is a lovely, peaceful neighborhood tucked into the very northern end of Missionary Ridge. The entire neighborhood is secluded and has no through-traffic. But, don't let the beauty draw you away from the amazing location! 9 minutes to UTC! 12 minutes to Hamilton Palce! 6 minutes to the Tennessee Riverpark and Chatt State. When I say "it's in the middle of things," I'm speaking truth. Hit the map link to see for yourself!
The tri-level is SUPER solid, and there aren't any gotchas!! HVAC is very new, and electrical and plumbing are in very good shape. You've got a kitchen and 2 bathrooms to update, and then some floor and paint choices for the interior. The roof and gutters need to be addressed outside, but the brick and siding are fabulous! And the flat and already manicured yard? Perfection.
There are some good comps, but truly nothing (other than a new construction) was fully flipped. Everything nearby; a couple on Saluda St, Towerway, and Northway are all sold comps and lovely homes, but they all had VERY budget renovations. Painted cabinets, butcher block, and simple flooring. And you know what? I LOVE them! This is the FAT part of the strike zone; affordable sub-300k with tasteful flips like this FLY off the shelf when they're appealing, and move-in ready!
What about a rental you ask? I think it's got GREAT legs there too. Difficult to hit 1%, in my opinion, but that metric went out the window when we cracked 6.5% interest. This would be a mighty fine appreciating asset while it pays for itself, and your rehab budget to have it rent-ready could be very brief.
Finally, check out that garage! There's either the nicest shop space on the block, or a 4th bedroom and another 400sq ft down there, WHILE KEEPING one of the garage bays!
Choose your own adventure, but don't miss seeing it yourself if you're curious!
4 Bedrooms | 2.5 Baths | 2,194 ft
3 Bedrooms | 1 Baths | 1,400 ft
4 Bedrooms | 2 Baths | 1,902 ft
