1071 Getwell Rd, Memphis, TN 38111
- $349,500
- 5
- BD
- 3.1
- BA
- List Price
- $349,500
- Status
- ACTIVE
- MLS#
- 10229635
- Bedrooms
- 5
- Bathrooms
- 3.1
- Lot Size
- 63X150
Property Description
Prime investment opportunity near the University of Memphis! Built in 2018, this spacious 5-bedroom, 3.5-bathroom home generates $4,500+ in average monthly gross income as a top-performing short-term rental. Property Highlights: Proven Cash Flow: Currently operating as a high-earning Airbnb with an experienced property manager willing to stay on for the new buyer—offering true passive income from day one! Modern Build: Built in 2018 with high ceilings, energy-efficient spray foam insulation, durable finishes, and low maintenance costs. Functional Layout: 5 bedrooms and 3.5 baths provide maximum capacity for short-term guests, groups, or student housing. Expansive Backyard: Massive private yard featuring a gated drive with parking space for multiple vehicles. Location: Minutes from the U of M campus, dining, shopping, and fast access to I-240. Option to negotiate furniture and keep current management in place for a seamless transition. Contact today for details or to schedule a p
Additional Information
- Acres
- 0.21
- Annual City Tax
- 2123
- Annual County Tax
- 2213
- Cooling
- Central
- Exterior
- Other (See REMARKS)
- Exterior Windows
- Brick Veneer
- Floors Ceilings
- Hardwood Throughout
- Heating
- Central, Gas
- Legal Subdivision
- Kennedy Park
- Living Dining Kitchen
- Separate Living Room, Separate Dining Room
- Lot
- 63
- Lot Description
- Wooded
- Lot Size
- 63X150
- Neighborhood Amenities
- None
- Parking Storage
- Driveway/Pad, Gated Parking
- Stories
- 2
- Style
- Soft Contemporary
- Subdivision
- SHERWOOD FOREST
- Subtype
- Detached Single Family
- Year Built
- 2018
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Listing courtesy of Elm RE Investment.
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