2312 Wellons St, Memphis, TN 38127

$174,800
2
BD
1
BA

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List Price
$174,800
Status
ACTIVE
MLS#
10217061
Price Change
▼ $100 1777682516
Bedrooms
2
Bathrooms
1
Lot Size
116X117

Property Description

This beautiful brick 3-bedroom 1 bath Frayser neighborhood home is being offered together with five other income producing single-family homes. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! The home is currently vacant and in need of mid-level rehab for no deferred maintenance. Owner has professional contractors available to complete rehab for "hands-off" investment! Other homes are 967 Maria, 973 Maria, 1185 Wrenwood, (Memphis TN), 2184 Ashland (Southaven, MS), 6467 Tulane (Horn Lake, MS) (three of the six homes are tenant occupied with long-term tenants - day one cashflow in place)! $975,000.00 is Bundle Price.? Bundle price reduced by $100k!!. Owner willing to rehab and sale to Owner Occupants separately as well! We specialize in investment properties and have other opportunities available! DO NOT Disturb Tenants. No inspections without contract.

Additional Information

Acres
0.30
Annual City Tax
501
Annual County Tax
522
Bedrooms Downstairs
2
Bedroom Three Description
Hardwood Floor
Bedroom Two Description
Hardwood Floor
Cooling
Window Unit(s)
Exterior
Other (See REMARKS)
Exterior Windows
Wood Window(s)
Floors Ceilings
Hardwood Throughout, Tile
Foundation
Slab
Heating
Wall Unit
Legal Subdivision
St Elmo 5th Addition
Living Dining Kitchen
Eat-In Kitchen, Washer/Dryer Connections
Lot
75
Lot Description
Corner
Lot Size
116X117
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Roof
Composition Shingles
Stories
1
Style
Traditional
Subdivision
ST ELMO 5TH ADD
Subtype
Detached Single Family
Water Sewer
Public Water, Public Sewer
Year Built
1961

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Listing courtesy of Independence Realty&Investment.

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