Rare 1.14-acre investment opportunity with excellent redevelopment and value-add potential. This level lot features two existing structures ready for renovation or repositioning, giving investors multiple possibilities to create income-producing space or pursue a larger redevelopment plan, subject to zoning and applicable approvals. The smaller mobile home located beside the main structure will be removed prior to closing. The property also features a large concrete driveway and a substantial detached metal double-carport/covered structure that will remain with the sale. Surrounded by new construction and continued investment in the area, this property offers a unique combination of usable acreage, existing improvements, and flexibility for a variety of future plans. With larger parcels becoming increasingly difficult to find nearby, 3083 Southern presents an opportunity for an investor, builder, or developer to bring their vision to life.
Listed By
Agency Name: The Home Partners Realty
Agency Phone: 901-305-6047
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 239.14 per month $211.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $27.71 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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3083 Southern Ave | MLS# 10228526
This single family home located at 3083 Southern Ave, Memphis, TN 38111 is currently listed for sale with an asking price of $95,000. This property was built in 1930 and has 1 bedrooms and 1 full baths. Southern Ave is located in the SPOTTSWOOD subdivision. Search SPOTTSWOOD real estate on www.clhomes.com today.