1428 Smythe Ave Unit #58, Memphis, TN 38114

$80,000
2
BD
1
BA

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List Price
$80,000
Status
ACTIVE
MLS#
10196660
Price Change
▼ $5,000 1765401824
Bedrooms
2
Bathrooms
1
Lot Size
4,456
Approx. Heated SqFt
600-799

Property Description

Currently leased at $865 per month through 08/16/2027. ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 2-bedroom, 1-bath single-family home is currently generating $865/ month in rental income, with the current lease running through 08/16/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Additional Information

Acres
5.93
Annual City Tax
253
Annual County Tax
268
Condo Association
Yes
Cooling
Central
Exterior
Other (See REMARKS)
Exterior Windows
Brick Veneer, Other (See Remarks)
Floors Ceilings
Part Carpet
Heating
Central
Legal Subdivision
Cherry Park Condominiums
Living Dining Kitchen
Separate Dining Room
Lot
UNIT 58
Lot Description
Level
Lot Size
4,456
Monthly Maintenance Fee
70
New Financing
Owner
Parking Storage
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
CHEROKEE
Subtype
Detached Single Family
Unit Number
58
Year Built
1950

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Listing courtesy of Foundation Property Management.

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