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Property Description

Turnkey cash flowing investment opportunity. Generating $1,000 per month with lease in place until 4/2027. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated. New A/C and Furnace. Low maintenance asset positioned for immediate return.Perfect for DSCR LOAN Option or Cash Buyer. Owner Financing Available ***DO NOT DISTURB TENANT*** Sold As-is.

Features
Swimming Pool:
No
Heating System:
Central
Cooling System:
Central
Fireplaces:
0
Covered Parking Spaces
PARKING/STORAGE:
Driveway/pad
Address Map
Country:
US
State:
TN
County:
Shelby
City:
Memphis
Subdivision:
MELROSE S/D BLK PT 9
Zipcode:
38114
Street:
SPOTTSWOOD
Street Number:
2545
Street Suffix:
AVE
Floor Number:
0
Longitude:
W90° 1' 21.6''
Latitude:
N35° 6' 50.6''
Directions:
From Elvis Presley , make a right on E Person Ave, Turn Left on Rozelle, Turn Right on S Parkway E , Stay on there , continue to Spottswood
MLS Addon
Agent ID:
15118
Status:
Active
Type:
Detached Single Family
# of Stories:
1
Lot Size:
25X108

Residential For Sale

2545 SPOTTSWOOD AVE, Memphis, Tennessee 38114

2 Bedrooms
1 Bathrooms
0 Sqft
$92,000
Listing ID #10219793
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Listing ID :
10219793
Price :
$92,000
Bedrooms :
2
Bathrooms :
1
Full Bathrooms :
1
Half Bathrooms :
0
Square Footage :
0 Sqft
Year Built :
1915
Lot Area :
0.06 Acre
Status :
Active
Days On Market :
17
Contact Agent