6314 Fisk AVE Chattanooga, TN 37421
7 Beds
3 Baths
2,497 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,497 sqft
Price per Sqft $130
Subdivision Washington Park
MLS Listing ID 1538168
Bedrooms 7
Year Built 1971
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 100X139.3
Property Sub-Type Triplex
Source Greater Chattanooga REALTORS®
Property Description
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 renovated to match Unit B's condition prior to Closing, as reflected in the photos. The seller intentionally created this setup to give buyers freedom - owner occupants can move right in and let the other units help pay the mortgage, while investors can hand-pick two of their own tenants at market rents. Unit C, the larger downstairs unit with its own 2 car garage and private entrance at the back of the property, is home to an outstanding long-term tenant currently paying $1,010/month, providing immediate income from day one.
The property had a new roof installed just 6 years ago, and also features newer siding. Each unit is equipped with in-unit laundry and features durable LVP flooring throughout for a modern look with minimal upkeep. Situated in a quiet residential neighborhood with easy access to Highway 153, this location provides quick connectivity to downtown Chattanooga, Volkswagen, Amazon, and other major employers - making it attractive to renters year-round.
Whether you're an owner occupant looking to house hack, an investor seeking a stable income-producing asset, 6314 Fisk Ave delivers both strong returns and long-term upside. Only Unit B is currently availabe for showings, other units can be viewed with acceptable offer. Unit C garage door will be replaced prior to Closing.
Location
State TN
County Hamilton
Area 0.32
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Refrigerator, Range Hood, Oven, Electric Water Heater, Electric Range
Heat Source Central
Laundry In Kitchen
Exterior
Parking Features Off Street
Garage Description Off Street
Utilities Available Sewer Connected
Roof Type Shingle
Garage No
Building
Lot Description Level
Faces HWY 153 N. EXIT AIRPORT RD. TURN RT ONTO AIRPORT RD. RT. ON MAHARRY LEFT ON FISK SIGN IN YARD
Sewer Public Sewer
Water Public
Schools
Elementary Schools Bess T. Shepherd Elementary
Middle Schools Tyner Middle Academy
High Schools Tyner Academy
Others
Senior Community No
Tax ID 148g Q 016
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Nearby Locations