3048 Kingsgate Ave, Memphis, TN 38118

$139,900
3
BD
1.1
BA
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List Price
$139,900
Status
ACTIVE
MLS#
10223559
Bedrooms
3
Bathrooms
1.1
Lot Size
70X149
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901-465-7172

Property Description

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. 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. This charming home offers 3-bedrooms, 1.5-bathrooms, large open living and dining room, & a galley kitchen. Tiled & carpet flooring. A large backyard and a single car carport.

901-465-7172
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Additional Information

Acres
0.23
Annual City Tax
874
Annual County Tax
911
Bedrooms Downstairs
3
Cooling
Central
Exterior
Porch
Exterior Windows
Brick Veneer, Aluminum Window(s)
Floors Ceilings
Part Carpet, Tile
Heating
Central
Legal Subdivision
Kensington Gardens Blk H-1
Living Dining Kitchen
LR/DR Combination
Lot
705
Lot Description
Level
Lot Size
70X149
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
KENSINGTON GARDENS BLK H-1
Subtype
Detached Single Family
Year Built
1967
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Listing courtesy of Reed & Associates of Tenn, LLC.

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