Description
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.
Details
| MLS # | 10224447 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 83 |
| Listing Provided By | BEST Real Estate Company | Oksana Piven |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.17 |
| Property View | Some Trees |
Interior
| Number Of Rooms | 9 |
|---|---|
| Cooling | Central |
| Heating | Gas |
Exterior
| Lot Description | Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Memphis | 61 Hwy |
| Subarea | 747D |
| Community Name | LONGVIEW HEIGHTS 5TH ADD |
| Listing VS Median (in LONGVIEW HEIGHTS 5TH ADD) | |
Price: $129,400 low | high Med: $0 On site: 83 low | high Med: | |
Market Activity 38106
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Memphis | 61 Hwy |
| Subarea | 747D |
| Community Name | LONGVIEW HEIGHTS 5TH ADD |
| Listing VS Median (in LONGVIEW HEIGHTS 5TH ADD) | |
Price: $129,400 low | high Med: $0 On site: 83 low | high Med: | |
