3581 Rockwood Ave, Memphis, TN 38122

$90,000
2
BD
1
BA

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List Price
$90,000
MLS#
10231246
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
75X150
Status
ACTIVE

Property Description

AS IS SALE- Investor Opportunity! Priced to Sale-Duplex featuring 2BR/1BA each side units with Two Separate Meters. One side is currently tenant occupied at $600/month on a month to month lease, with the tenant having occupied the unit for approximately 4 years. >>>The Second unit is vacant and needs minor repairs/updates before being rent ready. Great value add opportunity with existing rental income and potential to increase overall cash flow once the vacant unit is renovated and leased. Ideal purchase for buy and hold investor or owner occupant looking to generate rental income.>>> *** DO NOT DISTURB TENANT*** (View Vacant side and view rented side with a Seller Accepted offer). Sorry No Wholesalers, No Assignments, No Hard Money, Conventional Loan or Cash Offers. Must Show Valid Proof of Funds.

Additional Information

Annual City Tax
699
Annual County Tax
728
Cooling
None
Exterior
Other (See Remarks)
Heating
Gas, Wall Heat
Hot Water
Gas
Legal Subdivision
E O Bailey Blk 11
Lot
E PT 32
Lot Description
Chain Fenced, Some Trees
Lot Size
75X150
New Financing
Conventional, Other (See Remarks)
Occupancy
50
Parking
Other (See REMARKS)
Stories
1
Style
Traditional
Subdivision
E O BAILEY BLK 11
Subtype
Built as Duplex
Tenant Pays
All Utilities, Lawn Maintenance, Trash Collection
Year Built
1940

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Calculator source: Real Geeks

Listing courtesy of Zach Taylor Real Estate.

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