Exclusive Value-Add Opportunity - 2,400 SQFT Income-Producing Asset in Prime Location
An Investor's Dream! This expansive 2,400 sqft property presents a premier value-add and flip opportunity, offering immediate rental income with strong upside potential. Whether you're looking to hold for cash flow or renovate and resell for a profit, this asset is a standout in today's market. Located in a high-demand, centrally positioned area of East Ridge , it provides effortless access to major highways, shopping, dining, and public transit—ensuring sustained tenant demand and long-term appreciation.
Investment Highlights:
2,400 SQFT of Opportunity - Generous space primed for enhancements and equity growth
Turnkey Income - Tenants in place, delivering instant cash flow
Premier Location - Strategically positioned for optimal rental desirability and appreciation
Strong Value-Add Potential - Opportunity to reposition, renovate, and maximize returns
Strictly No Showings Without a Binded Offer. Do Not Disturb Tenants. Serious Inquiries Only.
A rare chance to secure a high-potential asset—act now!
For sale
$249,900
3727 Anderson Ave, Chattanooga, TN 37412
2beds
2,400sqft
Est.:
Single Family Residence
Built in 1947
7,840.8 Square Feet Lot
$238,600 Zestimate®
$104/sqft
$-- HOA
What's special
Generous space
- 23 days
- on Zillow |
- 601 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 09:01am
Listed by:
Rana K Clark 803-448-8340,
Keller Williams Realty 423-664-1600
Source: Greater Chattanooga Realtors,MLS#: 1510309
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Window Unit(s)
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
- Finished area above ground: 2,400
Property
Parking
- Parking features: Driveway
Features
- Exterior features: None
Lot
- Size: 7,840.8 Square Feet
- Dimensions: 59.2 x 130
Details
- Parcel number: 157i L 002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Lerch Place
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $164,900
- Annual tax amount: $1,849
- Date on market: 4/3/2025
- Listing terms: Cash
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