Residential in Memphis

$110,000

1624 MARY, 38111, Memphis, TN

Residential for sale in Memphis, 1624 MARY, 38111, 1090 m²

1624 MARY, 38111, Memphis, TN

$110,000

3Bed
1Bath
1090
Type: Residential

Description

Contact 9018319661 for showings. Occupied rental generating $1, 075/month — $12, 900 annually — with the lease in place through 5/10/2028. Nearly two years of secured income for the next owner. Water heater is approximately 2 years old and the roof is approximately 8 years old, leaving useful life on both. A straightforward addition to a rental portfolio or a solid first investment purchase. Sold subject to the existing lease. One of six investment properties available from the same seller: 3133/35 Nathan Ave (38112), 3239 Nathan Ave (38112), 1624 Mary Dr (38111), 2933 N Radford (38114), 4498 Suncrest (38127), 821 Carol Ann (38127). Buy individually or as a package.

Location

1624 MARY, 38111, Memphis, TN

Data

Object TypeResidential
Purchase Price$110,000
Living Space1090 m²
Plot Size687.97 m²
Bathrooms1
Construction Year1952
ConditionNot specified
Rooms5

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1952
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent