Property is boarded up, agent will need to bring a drill to remove boards. Property needs TLC and is being sold AS IS. Seller will not connect utilities. This property has a projected monthly rent of $1,075 ($12,900 annually), an estimated cash-on-cash return of 31.05%, and an expected monthly cash flow of $523.94. "all investment figures are estimates and verified independently by buyer" Great investment opportunity with strong rental or resale potential. This well-maintained 3-bedroom, 1-bath home offers ~1,131 SF with hard-surface flooring, a bright living area, and an updated kitchen with shaker-style cabinetry. Features include central heat and air, a functional layout, patio space, and a large fenced backyard. Clean, updated finishes and solid curb appeal make this a turnkey addition to any portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 138.45 per month $122.41 Principal & Interest $0.00 Property Tax (data not provided by mls) $16.04 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.
799 Cherokee Ave | MLS# 10221846
This single family home located at 799 Cherokee Ave, Memphis, TN 38106 is currently listed for sale with an asking price of $55,000. This property was built in 1958 and has 3 bedrooms and 1 full baths. Cherokee Ave is located in the LOUIS MILLERS CHEROKEE AVE subdivision. Search LOUIS MILLERS CHEROKEE AVE real estate on www.clhomes.com today.