407 Colville Street

This is an amazing opportunity to live in a beautiful property in the heart of Chattanooga's Northshore. This property is currently set up as a triplex with individually metered utilities. New tenants in the 3 bed/1 bath apartment on the main level and in the efficiency provide security for the next 1 and 2 years. Live in the 1 bed/ 1 bath unit becoming avail end of Feb, with tenants paying your mortgage. Priced below recent appraised value for instant equity! This prime location is across from a community park with playground and tennis, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery and entertainment. Set in a lovely neighborhood, in a good school district, with sidewalks and mature landscaping, just across from tennis and a playground, this location can not be beat! Selling as part of a 1031 exchange, with existing tenants in the efficiency and 1 bedroom apartments on the upper level.