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Updated over 8 years ago on . Most recent reply

User Stats

203
Posts
135
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Ben Roberts
  • Rental Property Investor
  • Memphis, TN
135
Votes |
203
Posts

3/1 Memphis TN Rental with GREAT Cash Flow

Ben Roberts
  • Rental Property Investor
  • Memphis, TN
Posted

3 bed, 1 bath, brick exterior, 1095 sq.ft., professionally managed

An excellent turn-key opportunity for strong cash flow in the heart of the city with nothing to do. This traditional 3BR, 1BA home has been updated with new carpet, paint, tile, smooth ceilings, ceiling fans, kitchen, bathroom, and light fixtures. Long term tenants - Professional Management and long term tenant already in place.  Cash flow from day 1!

Tenants have been in this house for 13 years! She loves the house and the neighborhood, said it feels like her own home now. Has done some cosmetic work on her own like paint and blinds. Said she's had no major issues with the house. Management has always been attentive.

Rent rolls and copies of the current lease available upon request.

Tenant re-newed lease in July 2016
Paint, floors, cabinets, counters all redone10 years ago as well. A/C unit installed 10 years ago.

Please do not disturb tenants.

More photos a a video walk through available here.

Offering

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