BEDS2
BATHS1 full
MLS#10211303
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONNORWOOD
NEIGHBORHOODVollintine-Northside
Property Description
Investor Opportunity ? Turnkey Memphis Rental with Strong Cash Flow Potential Great opportunity to own an affordable Memphis rental property. This 2 bedroom, 1 bathroom brick home offers approximately 816 sq ft with a front porch, large backyard, and solid rental history. With estimated rents around $900/month, this property has the potential to generate strong cash flow for buy-and-hold investors looking to expand their portfolio. Highlights include: ? Durable brick construction ? Large backyard with additional space for tenant enjoyment ? Functional floor plan with separate living area ? Low property taxes This property can be packaged with 1617 Maplewood next door, creating a rare opportunity to acquire multiple rental properties on the same street, perfect for investors or first time landlords. Properties at this price point with rental potential under $100K are becoming increasingly difficult to find, don't miss out on this great opportunity!
Property Features
Property Type: Residential - Single Family
Cooling: Central, Ceiling Fan(s)
Heating: Central, Gas
Home Style: Traditional, Other (See Remarks)
Lot Size: 0.11 Acres
Year Built: 1950
Feature Descriptions
Bed and Bath: All Bedrooms Down,1 or More BR Down, Primary Down, Eff/Studio, Vinyl/Luxury Vinyl Floor
Days on Site: 154
Exterior: Dog Run, Porch, Patio, Sidewalks
Exterior/ Windows: Brick Veneer, Storm Door(s)
Floors/ Ceilings: Vinyl/Luxury Vinyl Floor, Textured Ceiling
Interior Equipment: Range/Oven, Refrigerator
Living/ Dining Room: Separate Living Room, Updated/Renovated Kitchen, W/D Connection in Kitchen, Vinyl/Luxury Vinyl Floor
Lot: Level, Other (See Remarks)
Master Bedroom: Level 1
Parking/ Storage: Driveway/Pad, On-Street Parking
Total Rooms: 5
Listed By / Shown By
Listed By
Agency Name: KAIZEN Realty, LLC
Shown By
Agent Name: David Harbin
Agent Phone: (731) 926-1737
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 181.24 per month $160.24 Principal & Interest $0.00 Property Tax (data not provided by mls) $21.00 Homeowner's InsuranceChange Payment Information
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1621 Maplewood St | MLS# 10211303
This single family home located at 1621 Maplewood St, Memphis, TN 38108 is currently listed for sale with an asking price of $71,999. This property was built in 1950 and has 2 bedrooms and 1 full baths. Maplewood St is located in the NORWOOD subdivision. Search NORWOOD real estate on davidharbin.crye-leike.com today.