578 Withrow RD Mcdonald, TN 37353
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,888 sqft
Price per Sqft $154
MLS Listing ID 1540695
Style Ranch
Bedrooms 8
Year Built 1972
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 186x208x171x176
Property Sub-Type Multi Family
Source Greater Chattanooga REALTORS®
Property Description
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.
Location
State TN
County Bradley
Area 1.0
Rooms
Basement None
Interior
Heating Central
Cooling Central Air
Flooring Luxury Vinyl
Fireplace No
Appliance Water Heater, Oven
Heat Source Central
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Asphalt, Off Street, Parking Lot
Garage Description Asphalt, Off Street, Parking Lot
Utilities Available Electricity Connected, Sewer Connected
Roof Type Shingle
Porch Front Porch
Garage No
Building
Story Two
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Ranch
Structure Type Brick
Schools
Elementary Schools Prospect Elementary
Middle Schools Ocoee Middle
High Schools Ocoee Middle/High
Others
Senior Community No
Tax ID 056 11500 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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