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$ 92,000
Est. payment /mo
Active
2545 SPOTTSWOOD AVE Memphis, TN 38114
2 Beds
1 Bath
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Melrose S/D Blk Pt 9
MLS Listing ID 10219793
Style Traditional
Bedrooms 2
Full Baths 1
Year Built 1915
Annual Tax Amount $1,040
Lot Size 2,613 Sqft
Property Sub-Type Detached Single Family
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.
Location
State TN
County Shelby
Area Pendleton/Park
Rooms
Master Bedroom 0
Dining Room 0
Kitchen Washer/Dryer Connections
Interior
Heating Central
Cooling Central
Flooring Wood Laminate Floors
Exterior
Exterior Feature Aluminum Window(s)
Parking Features Driveway/Pad
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Storage
Listed by Tiffany N Brown • The Home Partners Realty