Unique Opportunity! This house includes a basement rental which generates $1500/mo income!
Your tenants pay more than half your monthly rent, while you have a full year to prepare for purchasing the property. Buy time before buying the house!
Located in one of North Chattanooga's most desirable neighborhoods and school districts, this property blends historic charm, modern convenience, and exceptional flexibility.
Move into your future home today. Finance it a year from now.
3 Bedrooms | 2 Bathrooms | Approx. 2808 SF
North Chattanooga
Only $2900/month
Purchase price, $505K
Built for Living. . .and Earning:
This unique property features a separate basement apartment.
That flexible layout creates multiple possibilities:
Live upstairs and rent the basement apartment
Live in the basement and rent the main level
Supplemental rental income!
This is an ideal fit for:
Self-employed buyers
Buyers improving credit
Relocations
Anyone needing additional time to prepare for financing
Why buyers love this setup:
Move in before securing financing
Lock in today’s purchase price for a full year; appreciation is yours
Build toward ownership while enjoying the home now
Extra time to improve credit, document income, or save additional funds
Located in highly desirable North Chattanooga with convenient access to:
Downtown Chattanooga
Parks & outdoor activities
Restaurants, coffee shops & boutiques
Excellent schools & community amenities
Enjoy a walkable lifestyle just minutes from:
Frazier Avenue restaurants and boutiques
Coolidge Park
Tennessee Riverwalk
Walnut Street Bridge
Downtown Chattanooga dining and entertainment
This opportunity is especially attractive for buyers who simply need more time before obtaining traditional financing:
Self-employed
Improving credit
Relocating to Chattanooga
Saving additional down payment funds
Please Note: this is not a traditional rental.
It is designed for serious future homeowners who intend to purchase the property.
Verifiable stable income and a genuine plan to buy are important.
If you've been waiting for the right home but just need a little more time before financing, this may be exactly what you've been looking for.