Description
Investor opportunity at 2612 Union! ~ Add this investment to your portfolio. ~ This property is a true jewel and a great addition to any investment portfolio. It comes with a long-term tenant of over 15 years, offering immediate rental income and stability. Recent improvements include a new roof, wood siding, and exterior paint in 2024. Current monthly rent is $650, with potential rental income of $1,000 - $1,100 per month. Detached Garage. All appliances and window units will remain with the property. Drive-by before making offer. Please do not disturb the tenant. Property is being sold AS-IS. Showings with acceptable offer only. This property was appraised at $150,000 in 2023 and presents a solid opportunity for an investor looking to add value and income potential.
Details
| MLS # | 10225812 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 47 |
| Listing Provided By | Crye-Leike, Inc., REALTORS | Juliette Moore |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.11 |
| Property View | Wood Fenced |
Interior
| Number Of Rooms | 5 |
|---|---|
| Cooling | Window Unit(s) |
| Heating | Wall Unit |
Exterior
| Lot Description | Wood Fenced |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38112 |
| Area | Central Gardens |
| Subarea | 746E |
| Community Name | ALICIA PARK BLK 10 |
| Listing VS Median (in ALICIA PARK BLK 10) | |
Price: $94,500 low | high Med: $0 On site: 47 low | high Med: | |
Market Activity 38112
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38112 |
| Area | Central Gardens |
| Subarea | 746E |
| Community Name | ALICIA PARK BLK 10 |
| Listing VS Median (in ALICIA PARK BLK 10) | |
Price: $94,500 low | high Med: $0 On site: 47 low | high Med: | |
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