16 Pioneer Ln

SELLER OFFERING OWNER FINANCING ON AN INCOME PROPERTY! 9 units in Ringgold approximately 20 minutes from downtown Chattanooga and convenient to Camp Jordan, East Brainerd, East Ridge and more! This well cared for property comes fully furnished and fully leased with the potential to convert to short-term rentals in the future if preferred. There are currently 9 units with the owner occupying the 2-bedroom unit, a one-bedroom unit, and the remainder are studios in varying sizes and configurations. The front house was originally a ranch style home which has been converted into 5 units with the rear guest house having 4 additional units plus the common laundry facility. The owner's unit is on the main level in the back building and has a kitchen open to the dining room which in turn opens to the living area. The living and dining areas have large picture windows overlooking the backyard and great natural light. The master bedroom has 2 closets, one of which is a large walk-in closet with a stackable washer and dryer. It also has shared access to the full bath with jetted tub and a separate tiled shower. In addition to being furnished, the other units feature hardwood, tile and carpet, closet systems. appliances, bedding, and linens, and 3 of the units have their own washers and dryers. There are nice outdoor living spaces with a central patio area adjoining the front and back buildings, a covered porch with entry to a common foyer on the front house and upper and lower covered decks on the back house. The front house also has an enclosed porch that is currently being used as a storage room that could potentially be converted to another studio with access to both a common and private deck. A detached outbuilding provides additional storage or workshop needs. For parking, there is a driveway on one side and a spacious common parking area on the other.