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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
: No
: Central
: Central
0
: Driveway/pad
Address Map
US
TN
Shelby
Memphis
MELROSE S/D BLK PT 9
38114
SPOTTSWOOD
2545
AVE
0
W90° 1' 21.6''
N35° 6' 50.6''
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
15118
Active
: Detached Single Family
1
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 : 1
Agent info
Covington Realty & Auction
Contact Agent