Description
Investors, you won't want to miss this opportunity! Well maintained property with built in value; currently priced to exceed than the 1% rule! Tenant-occupied. Do not disturb. Showings by appointment only with accepted offer and proof of funds. Professionally managed cash-flowing 3BD/1BA brick home in a quiet Memphis cove generating $835/month with a month-to-month tenant in place. Current estimated market rent $950 per month. Near Austin Peay Hwy with easy access to Raleigh Springs shopping, dining, and I-40/I-240 - attractive to a large renter pool. Lower maintenance brick exterior. Recent updates include new carpet and exterior paint. Property to be sold in AS-IS condition. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.
Details
| MLS # | 10224142 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 139 |
| Listing Provided By | eXp Realty | Aaron Ivey |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.09 |
| Property View | Level, Some Trees |
Interior
| Number Of Rooms | 6 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Level, Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38128 |
| Area | Egypt Central |
| Subarea | 731A |
| Community Name | SPRING VALLEY BLK B |
| Listing VS Median (in SPRING VALLEY BLK B) | |
Price: $79,900 low | high Med: $0 On site: 139 low | high Med: | |
Market Activity 38128
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38128 |
| Area | Egypt Central |
| Subarea | 731A |
| Community Name | SPRING VALLEY BLK B |
| Listing VS Median (in SPRING VALLEY BLK B) | |
Price: $79,900 low | high Med: $0 On site: 139 low | high Med: | |
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