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$39,900, 3br, ***** VIDEO: Great Rental Investment in Memphis *****
Posted:
Monday, March 5, 2012 12:02 AM
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Memphis Realty Investment - 2953 Knightway Rd., Mphs., TN 38118
For more info, please visit http://MemphisRealtyInvestment.com/
or call 901.826.7987
Rehabbed and rented @ $785 per month on a 2-year lease!!
If positive cash flow is what you seek, then you've come to the right place! This East Memphis beauty is sure to please. It has been totally renovated and is currently rented on a 2-year lease (as of 3/1/2011) at $785 per month!
At an energy efficient 975sf, the home also features fresh paint, new flooring, 3 bedrooms, 1 bath, living room / dining room combo, kitchen, new central heat and air, new roof, 2 outdoor storage rooms, and covered patio area plus a maintenance-free brick and vinyl siding exterior. This is all situated on an over-sized fenced corner lot in a fast-renting, highly sought after area of East Memphis. Very close proximity (but not too close) to Interstate -240 and public transportation is a definite bonus, as well as the nearby shopping, parks, and restaurants. Need we say more?
Don't hesitate on the oppurtunity to increase your monthly cash flow and build wealth with solid Memphis real estate. Respond by email or call 901.826.7987 today!!
or call 901.826.7987
Rehabbed and rented @ $785 per month on a 2-year lease!!
If positive cash flow is what you seek, then you've come to the right place! This East Memphis beauty is sure to please. It has been totally renovated and is currently rented on a 2-year lease (as of 3/1/2011) at $785 per month!
At an energy efficient 975sf, the home also features fresh paint, new flooring, 3 bedrooms, 1 bath, living room / dining room combo, kitchen, new central heat and air, new roof, 2 outdoor storage rooms, and covered patio area plus a maintenance-free brick and vinyl siding exterior. This is all situated on an over-sized fenced corner lot in a fast-renting, highly sought after area of East Memphis. Very close proximity (but not too close) to Interstate -240 and public transportation is a definite bonus, as well as the nearby shopping, parks, and restaurants. Need we say more?
Don't hesitate on the oppurtunity to increase your monthly cash flow and build wealth with solid Memphis real estate. Respond by email or call 901.826.7987 today!!
Information
Contact Information
Pricing
Price: $39,900.00
Flexibility: Negotiable
Additional Pricing Information: Listed price reflects CASH ONLY (investor) pricing. Please call for details if you require regular, bank financing for your new home purchase.
Rent Range: $725 - $750
Rehab needed: None
Status: Available
ROI: 16 - 17%
Property Location
Features
Bedrooms: 3
Bathrooms: 1
Parking Spaces: Single Carport
Year Built: 1959
Subdivision: Knight Knoll
Lot Size: .28 AC
School District: Memphis City Schools
Square Footage: 975
Agent Name: n/a
Broker: n/a
Annual Taxes: $1,050
Attributes
Appliances
Range/Oven
Full Refrigerator
Washer/Dryer
Interior Amenities
Security System
Attic
Exterior Amenities
Patio
Fenced Yard
Grass Lawn
Tool Shed
Photo Gallery
All information in this site is deemed reliable but is not guaranteed and is subject to change
• Location:
Memphis, Memphis< TN
• Post ID: 4866825 memphis