Description
Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400-$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.
Details
| MLS # | 10219403 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1943 |
| Days On Site | 147 |
| Listing Provided By | eXp Realty, LLC | Donnie Morrow |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| Story(s) | 1 |
| Acreage | 0.47 |
| Property View | Some Trees |
Interior
| Number Of Rooms | 7 |
|---|---|
| Cooling | Window Unit(s) |
| Heating | Wall Unit |
Exterior
| Lot Description | Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38109 |
| Area | Mitchell | Westwood |
| Subarea | 762A |
| Community Name | BELMONT |
| Listing VS Median (in BELMONT) | |
Price: $130,000 low | high Med: $0 On site: 147 low | high Med: | |
Market Activity 38109
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38109 |
| Area | Mitchell | Westwood |
| Subarea | 762A |
| Community Name | BELMONT |
| Listing VS Median (in BELMONT) | |
Price: $130,000 low | high Med: $0 On site: 147 low | high Med: | |
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