Here is another fantastic opportunity to own a cash-flowing property in the unincorporated area of Southeast Memphis. This particular home is a massive 3BR 2.5Bath, brick home that rests on an expansive corner lot. The house includes a spacious living room with a fireplace, an open kitchen, a two car garage, a slab foundation, a range & refrigerator, a master suite with a jacuzzi tub in the bathroom, a bonus room (which could also act as a 4th bedroom), and very close proximity to the local schools. The rent range on this property is $1195-$1395 dollars a month. The Richmond Oaks subdivision sits along Germantown Rd., and is not within the city limits (meaning no city taxes). The local elementary school is less than 1/2 mile away, and the neighborhood is full of single families. The hustle and bustle of both Winchester Ave. and Shelby Dr. are close enough to access local shops and stores, while, also, being far enough away to allow for a quiet family atmosphere. Financing Available! We can lend purchase + repairs, and we have long term financing partner to pay off short term. Possible to buy this home with little to no money down! Disclosure: Appraised values reflect the date of this posting. Due to continually changing market conditions, appraised values may change slightly based on the time of refinance, changing market conditions, and/or the individual appraiser performing the analysis.
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