Residential in Memphis

$40,000

5655 ENCINO, 38115, Memphis, TN

UNDER OFFER

Residential for sale in Memphis, 5655 ENCINO, 38115, 960 m²

5655 ENCINO, 38115, Memphis, TN

$40,000

2Bed
2Bath
960
Type: Residential

Description

Investment opportunity with tremendous upside! This condo is available for showings! Property was in the middle of renovations before the seller decided to sell, leaving only a few finishing touches and remaining materials for the next owner. Complete the cleanup, install the microwave, mirror, and shower heads, and this unit could be turnkey and rent-ready for up to $850 per month. A great opportunity for investors looking for a low-cost project with strong rental potential. Being sold AS-IS in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr, Apt 101, 38115; 2800 Mojave Pl, Apt 173, 38115; 2829 Sonora Dr, Apt 2, 38115; & 2567 Oxford Ave. That's 5 condos in the Hamlets & 1 duplex in Binghampton. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to make your offer today! VIDEO AVAILABLE UPON REQUEST!!

Location

5655 ENCINO, 38115, Memphis, TN

Data

Object TypeResidential
Purchase Price$40,000
Living Space960 m²
Plot Size809.37 m²
Bathrooms2
Construction Year1973
ConditionNot specified
Rooms5

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1973
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent