2212 Bailey Ave, Chattanooga, TN 37404

PROVEN INCOME PROPERTY. This newer (2002) income-producing asset is in a great area with quick nearby access to highways, UTC, hospitals, and downtown Chattanooga. Always a quick-to-lease rental. Current tenant pays $1,350 rent on a month-to-month lease. Cap rate in 2024 was 6%. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal. PHOTOS: The only interior photos we have currently are branded with our watermark and so cannot be published on the MLS. You may request those be sent by email. 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.