Chattanooga, TN 37416,7632 Mallette RD
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Chattanooga, TN 37416,7632 Mallette RD
Chattanooga, TN 37416,7632 Mallette RD
Chattanooga, TN 37416,7632 Mallette RD
Chattanooga, TN 37416,7632 Mallette RD
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$ 252,000
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Price Dropped by $8K

7632 Mallette RD Chattanooga, TN 37416

3 Beds

2 Baths

1,188 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,188 sqft

Price per Sqft $212

Subdivision Jenkins Charles E

MLS Listing ID 1512005

Style Ranch

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1965

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 90X195

Property Sub-Type Single Family Residence

Source Greater Chattanooga REALTORS®

Property Description

PROVEN INCOME PROPERTY. This solid income-producing asset is located just off of Bonny Oaks Dr., a major traffic artery with quick access to highways, Hamilton Mall, Hixson, Chickamauga Lake, Harrison Bay, and downtown Chattanooga. Always a quick-to-lease rental with a reliable income stream. Current tenant pays $1,350 rent on a month-to-month lease. Cap rate in 2024 was 5.1%. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal.
NOTE RE ACCESS: Since this is an occupied rental property access for a walk-thru can only be granted within 3 days of an accepted offer with a walk-thru contingency.

Location

State TN

County Hamilton

Area 0.4

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Refrigerator, Electric Range

Heat Source Central

Exterior

Exterior Feature None

Parking Features Driveway, Off Street

Carport Spaces 1

Garage Description Driveway, Off Street

Utilities Available Cable Available, Sewer Connected, Water Connected

Garage No

Building

Faces Hwy. 153 to east on Bonny Oaks Dr., right on Noah Reid Rd., right on Mildred Ln., left on Mallette Rd. to home on left.

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Brick

Schools

Elementary Schools Bess T. Shepherd Elementary

Middle Schools Tyner Middle Academy

High Schools Tyner Academy

Others

Senior Community No

Tax ID 129n F 013

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Rock Point Real Estate
agent

Nic Nicaud

Broker | License ID: 302707

+1(865) 205-4208

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7632 Mallette RD