BEDS3
BATHS2 full
MLS#10230871
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONTindall
NEIGHBORHOODSouth Memphis-61 Hwy
Property Description
Solid brick single-family home built in 2007, offered as a turnkey investment property in a stable Memphis rental pocket. This 3 bedroom, 2 bath home is currently tenant-occupied with a paying tenant in place at $650/month, delivering immediate cash flow from day one ? no vacancy period, no lease-up risk. Ideal for the buy-and-hold investor looking to add a stabilized asset to their portfolio without interruption to rental income. Lease is m2m Newer (2007) brick construction keeps maintenance and insurance costs favorable long-term compared to older SFR stock. Tenant is current and in place; property will not be shown until an offer is accepted ? sale is subject to the existing lease, and the tenant will remain in place at closing. Serious, qualified investment buyers only. No creative financing
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Roof Type: Composition Shingles
Year Built: 2007
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 24
Exterior: Wrought Iron Security Drs
Exterior/ Windows: Brick Veneer
Living/ Dining Room: Separate Living Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 4
Room Sizes
Dining Area: 0
Den/ Great Room: 0
Living room: 0
Listed By / Shown By
Listed By
Agency Name: Renshaw Company, REALTORS
Agency Phone: 901-820-4367
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 150.78 per month $133.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $17.47 Homeowner's InsuranceChange Payment Information
Crye-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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511 Cambridge Ave | MLS# 10230871
This single family home located at 511 Cambridge Ave, Memphis, TN 38106 is currently listed for sale with an asking price of $59,900. This property was built in 2007 and has 3 bedrooms and 2 full baths. Cambridge Ave is located in the Tindall subdivision. Search Tindall real estate on www.clhomes.com today.