Description
Turnkey Renovated 2BR/1BA in South Memphis. This property has a 3-year tenant who is vacating in mid-September. Scheduled rent was $1,050/Month and the property is currently listed for rent at that same price. Almost all parts of the house were renovated within the last 5-7 years. Hot Water Heater is 2yrs old. This is a great starter rental for any investor looking to enter the Memphis market. This could also be fantastic first time homeowner property. Mortgage price with an FHA 3.5% loan would be UNDER what you can pay for rent. Stop renting when you can OWN for cheaper!. Seller willing to offer full sellers concession to roll in any closing costs for the buyer.
Details
| MLS # | 10229586 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 36 |
| Listing Provided By | Realty International, Inc. | Steven Strand |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.16 |
| Property View | Some Trees |
Interior
| Number Of Rooms | 5 |
|---|---|
| Cooling | Window Unit(s) |
| Heating | Gas, 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 | SUBURBAN LAND CO BLK 1 |
| Listing VS Median (in SUBURBAN LAND CO BLK 1) | |
Price: $89,900 low | high Med: $0 On site: 36 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 | SUBURBAN LAND CO BLK 1 |
| Listing VS Median (in SUBURBAN LAND CO BLK 1) | |
Price: $89,900 low | high Med: $0 On site: 36 low | high Med: | |
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