615 Colville St 3 Unit Apartment Building $747,630 CAD ($249,210 CAD/Unit) 5.82% Cap Rate Chattanooga, TN 37405

Northshore Triplex; Vintage home Refurbished; 15 minute walk or 4 minute drive to Frazier Ave; 1 minute walk to Forest Ave. ; 8 to 10 Private Parking Spaces; Colville is an excellent street/and friendly neighborhood. Homes on the street are artfully designed and full of character, making this property an excellent value for investors. Properties with these lease rates are rare in the area. Owner had Crawl Space Solutions Service Floor Joists and purchased a lifetime warranty which transfers to new owner at no cost. Also added Vapor Barrier, with assumable annual microbial contract transferable to new owner for $240 per year. Please do not disturb tenants. Suite C is available for viewing while vacant. Suite A and Suite B are occupied and can be viewed during due diligence. Current Lease Rates are: Suite A $1,100; Suite B $1,450; Suite C $915. Normal Park Elementary and Middle (K-8); Red Bank High School.