5294 Scottsdale Ave, Memphis, TN 38118

$214,900
3
BD
2.1
BA

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List Price
$214,900
MLS#
10223553
Property Type
Multifamily
Bedrooms
3
Bathrooms
2.1
Lot Size
59X86
Status
PENDING

Property Description

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This duplex is 5294 is a 3BR, 2.5 bath leased at $1,000/mo. through 4/30/2027 and 5296 is a 2BR, 2.5 bath leased at $766/mo. on a month-to-month. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC.

Additional Information

Annual City Tax
2409
Annual County Tax
2511
Cooling
Central Cooling
Heating
Central
Hot Water
Electric
Legal Subdivision
Mendenaire
Lot
70
Lot Description
Level, Corner
Lot Size
59X86
New Financing
Conventional, FHA, VA
Parking
Driveway/Pad
Stories
2
Style
Traditional
Subdivision
MENDENAIRE
Subtype
Built as Duplex
Year Built
1976

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Reed & Associates of Tenn, LLC.

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