Description
Turnkey investment opportunity in Memphis with a tenant already in place paying $1,575 per month. Seller is offering a rate buydown for qualified DSCR buyers, creating an attractive financing opportunity. Additionally, a 1-year home warranty is included. Tenant is responsible for all utilities and landscaping, helping simplify ownership and property management. The home was completely renovated prior to tenant placement, providing updated finishes and systems for added peace of mind. Ideal for investors seeking a property with established occupancy and day-one rental income. Convenient Memphis location with easy access to major roads, shopping, schools, and employment centers. Please do not disturb tenant. No seller financing, low offers, or wholesaling.
Details
| MLS # | 10222905 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1963 |
| Days On Site | 113 |
| Listing Provided By | KAIZEN Realty, LLC | Alissa Anderson |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.16 |
| Property View | Level, Some Trees |
Interior
| Number Of Rooms | 7 |
|---|---|
| Cooling | Ceiling Fan(s), Central |
| Heating | Central, Electric |
Exterior
| Lot Description | Level, Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Frayser North |
| Subarea | 725E |
| Community Name | WESTWOOD MANOR 2ND ADD |
| Listing VS Median (in WESTWOOD MANOR 2ND ADD) | |
Price: $149,500 low | high Med: $0 On site: 113 low | high Med: | |
Market Activity 38127
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Frayser North |
| Subarea | 725E |
| Community Name | WESTWOOD MANOR 2ND ADD |
| Listing VS Median (in WESTWOOD MANOR 2ND ADD) | |
Price: $149,500 low | high Med: $0 On site: 113 low | high Med: | |
