15
See all 15 photos
$89,900
Est. payment /mo
3 Beds
2 Baths
Active
538 E MCKELLAR AVE Memphis, TN 38106
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Longview Heights 1St Add Blk 239
MLS Listing ID 10230880
Style Traditional
Bedrooms 3
Full Baths 2
Year Built 1928
Annual Tax Amount $1,282
Property Sub-Type Detached Single Family
Property Description
Solid 3 bedroom, 2 bath investment property, offered as a turnkey investment. A long-term tenant is currently in place on a month-to-month lease, paying $1,073/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted — buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: 3 bed / 2 bath Long-term tenant in place, month-to-month Current rent: $1,073/month No showings prior to accepted offer Cash or conventional financing only — no creative financing
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Rooms
Master Bedroom 0
Dining Room 0
Kitchen Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Other (See REMARKS)
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Roof Type Composition Shingles
Private Pool No
Building
Lot Description Level
Story 1
Foundation Conventional
Others
Miscellaneous Wrought Iron Security Drs
Listed by Caleb Parr • Renshaw Company, REALTORS
NEARBY SCHOOL & BUSINESS
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