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1511 MULBERRY ST
CHATTANOOGA, TN 37404
Asking Price
$210K
Asset Type
Residential Land
Class
Class B
What's Special
Urban Infill Multifamily Development Opportunity | 1511 Mulberry St <ul><li><strong style="color: rgba(0,0,0,var(--O42jJQ,1))">TRN-3</strong><span style="color: rgba(0,0,0,var(--O42jJQ,1))"> Zoning supporting urban residential density</span></li><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Conceptual approval/site planning completed for up to 6 attached units</span></li><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Approx. 7,499 SF / 0.17 Acres</span></li><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Flat Topography</span></li><li><spa
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NOI
$80,000
Cap Rate
38.10%
DSCR
6.42
Strong
Cash-on-Cash
107.19%
Monthly Payment
$1,038.965
Annual Cash Flow
$67,532.415
