$149,900
1204 Margaret Rd, Memphis, TN 38109
Current Rent **
$1,500
Projected Rent **
$1,500
Estimated Rent †
Estimated Rent Confidence ‡
Low
Agent Owned/ 1% Rule Rental/Memphis, TN
Was rented for $1600/month from August 2022 - August 2023 and then I rented it again for $1500/month from August 2023 - July 2025 (Lease is actually to August but the tenant is moving out end of this month and paid his rent up to complete the lease and is delivering keys on July 1st).
Pictures, comps, market rents, rent ledger (Shows rented above market all 3 years), and MAAR Data info in the google drive ---> https://drive.google.com/drive/folders/1XOaSt7V9AvKotXbl6JVmmf1urgHn1bBs?usp=drive_link
It will be delivered vacant but the tenant is still there and if I need to show it I will need to give a 24 hour notice right now. The tenant moves out at the end of the month.
Let me know if you have any questions.
Location:
1204 Margaret Rd, Memphis, TN 38109
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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