Rare investment opportunity in Memphis! This spacious 5-bedroom, 1-bath brick home is a cash-flowing rental property with a long-term tenant currently paying $1,650/month. Ideal for investors looking to add a stabilized income-producing asset to their portfolio. Features include hardwood flooring, updated interior paint, large living spaces, separate dining area, generous natural light, and a functional kitchen layout. The property offers strong rental appeal with its size and layout, making it attractive for continued long-term occupancy. Conveniently located near major roads, Downtown Memphis, shopping, schools, and employment areas. Do not disturb tenant. Property is being marketed as an investment property only. Immediate income from day one.
27 days
|
144
|
7
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Zillow last checked:
Listing updated:
Listed by:
Oksana Piven,
BEST Real Estate Company901-407-2177,
Oksana Piven,
BEST Real Estate Company
Source: MAAR,MLS#: 10224447
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1
Kitchen
Features: Eat-in Kitchen
Heating
Natural Gas
Cooling
Central Air
Features
All Bedrooms Down, 1 or More BR Down, Smooth Ceiling, Sprayed Ceiling, Textured Ceiling, Square Feet Source: assessor web
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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