1507 Sparks Cv, Memphis, TN 38106

$100,000
4
BD
1.1
BA

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Sold Price
$100,000
List Price
$105,000
Status
CLOSED
MLS#
10185336
Closing Date
Nov 22, 2024
Bedrooms
4
Bathrooms
1.1
Lot Size
58X114

Property Description

Investors ideal property! Incoming producing property that is turnkey. Purchase this property with confidence. What do us investors want? A gold bar that allows good monthly return and in good condition. Home sits in a community that is a mix of long term homeowners and rental properties. Home sits in well-cared for community. Sits in a cove that is manicured with homes filled with flowers, updated, and painted homes. Professional management is already in place. Property is a healthy property that has completed a full scope work that was recommended by the management company. Scope of work included items such as fresh paint, new light fixtures, fence repair, new window locks, new flooring in kitchen and bathrooms. HVAC and plumbing have been inspected. It is a 4 bedroom home with a carport, handicap ramp, and a separate laundry room. Tenant is in place until 2025. The tenant pays double the amount of the average lease in the area.

Additional Information

Acres
0.15
Annual City Tax
277
Annual County Tax
347
Apprx Heated SqFt Range
1000-1199
Bedrooms Downstairs
4
Bedroom Three Description
Level 1
Bedroom Two Description
Level 1
Cooling
Central
Exterior
Wrought Iron Security Drs
Exterior Windows
Aluminum/Steel Siding
Floors Ceilings
Part Hardwood, Vinyl/Luxury Vinyl Floor
Heating
Central
Legal Subdivision
Baileys C L Cane Ave
Living Dining Kitchen
Separate Living Room
Lot
12
Lot Description
Level, Some Trees
Lot Size
58X114
Neighborhood Amenities
None
Parking Storage
Driveway/Pad, Storage Room(s)
Stories
1
Style
Traditional
Subdivision
BAILEYS CANE AVE
Subtype
Detached Single Family
Year Built
1958

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Crye-Leike, Inc., REALTORS. Selling Office: NON-MLS OR NON-BOARD OFFICE.

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