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Image 1 - 7757 Nautical Way, Chattanooga, Tennessee, 37416 - House for sale
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Nautical Way, Chattanooga, Home For Sale
7757 Nautical Way, Chattanooga, Tennessee, 37416

Nautical Way, Chattanooga, Home For Sale

house for sale
Listed: 07/13/24

7757 Nautical Way, Chattanooga, Tennessee, 37416

4 Bed:
2 Bath:
1,836 Sq Ft Living Area:
Save
Price
$ 250,000
Price:  Lower

About This House

Attention all investors. Investors, take note! This property features four bedrooms, two baths, a spacious kitchen, and a large laundry room. One side rents for $850 and the other for$1250,bringing in nearly$25, 000annually. Both units are currently occupied by long-term tenants who wish to continue leasing. Please refrain from disturbing the tenants. Showings will be scheduled after an acceptable offer has been negotiated . sold as is.... Other rentals in the area are leasing at $1400 per side. With yearly income of $33, 000. needs some tlc The units have some new windows , newer HVAC. Newer roof aprox 5 yrs.. Note: Seller will be selling other properties later , buyer will have first opportunity to purchase additional units.

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Chattanooga Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 4 bed houses for sale in/near Chattanooga, United States averaged $512,290, a decrease of 5.7% from the previous month.
Median price trends for properties for sale in Chattanooga, United States as of June 2024.

Household Income

Median household income: $41,911
Number of households: 71,190
The average household income in Chattanooga, TN grew from $41,278 to $41,911 in the past year. This data is an estimate based upon 71,190 households in Chattanooga, TN.
The chart below presents how household income is distributed in Chattanooga, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chattanooga, TN compared to median property taxes around the country. The prevalent amount of property taxes in Chattanooga, TN equals $800-$1,500 , which is less than the national average.