578 Withrow Rd

Bradley County TN 37353

3888 sq. ft.

Other

Currently for sale - view listing

Overview

Don't miss this opportunity to own a cash-flowing 6-unit apartment building in desirable Bradley County--just minutes from I-75, Cleveland, and Chattanooga. The property is currently generating $4,047 per month in rental income with one vacant unit currently marketed for $850 per month, providing immediate upside for a new owner. The unit mix consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a strong blend of unit types to attract a variety of tenants. Each unit is individually metered, with tenants paying their own utilities while the owner is responsible only for trash service, helping keep operating expenses low. Constructed with a low-maintenance brick exterior, this property is built for long-term durability and ease of ownership. Located outside the Cleveland city limits, owners benefit from county-only property taxes. With below-market rents and room to optimize income over time, this property offers an excellent value-add opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking immediate cash flow or long-term appreciation through improved rental performance, this is an investment worth adding to your portfolio. Note: there is one vacant unit that may be viewed. All other units to be viewed once under contract. Please do not disturb tenants. No sign on property.

Features

3888 sq. ft. floor area

Other

Property history for 578 Withrow Rd

2024

Sold

$503,000

16 Aug 2024

2019

Sold

$255,700

04 Jun 2019 by Brian Workman, of Bender Realty LLC

2017

Sold

$120,000

25 May 2017 by Jim Workman, of Bender Realty LLC

Happy sellers in Bradley County

We have insufficient information to provide an overview of customer satisfaction for Bradley County. Viewing the agent profiles, reviews and sales for Bradley County can provide insights for this location.