3066 Redbud Rd, Memphis, TN 38109

$130,000
3
BD
2
BA

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List Price
$130,000
Status
ACTIVE
MLS#
10219403
Price Change
▼ $30,000 1779305034
Bedrooms
3
Bathrooms
2
Lot Size
82X250

Property Description

Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.

Additional Information

Acres
0.47
Annual City Tax
417
Annual County Tax
435
Bedrooms Downstairs
3
Cooling
Window Unit(s)
Exterior
Wrought Iron Security Drs, Deck
Exterior Windows
Brick Veneer
Floors Ceilings
Vinyl/Luxury Vinyl Floor
Heating
Wall Unit
Legal Subdivision
Belmont
Living Dining Kitchen
Separate Living Room
Lot
30
Lot Description
Some Trees
Lot Size
82X250
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
BELMONT
Subtype
Detached Single Family
Year Built
1943

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

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