2325 Riley Ave, Memphis, TN 38114

$120,000
3
BD
1
BA

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List Price
$120,000
Status
ACTIVE
MLS#
10230816
Bedrooms
3
Bathrooms
1
Lot Size
51X150

Property Description

Turnkey Brick 3 bed, 1 bath investment property with detached ADU offering additional value and cash-flow potential. Property is vacant and easy to show. Roof is approximately 3 years old and was fully replaced, including decking. The property has been professionally managed and maintained since purchase. The detached structure in the rear offers additional value-add potential and could potentially be converted into a 1 bed, 1 bath unit for additional rental income or increased property value. Property is being sold AS-IS. Great opportunity for an investor or homebuyer looking for a solid property with additional income and value-add potential.

Additional Information

Acres
0.17
Annual City Tax
768
Annual County Tax
801
Cooling
Window Unit(s)
Exterior
Storage Building, Other (See REMARKS)
Exterior Windows
Brick Veneer
Floors Ceilings
Hardwood Throughout, Other (See REMARKS)
Heating
Gas
Legal Subdivision
Bethel Grove Blk 146
Living Dining Kitchen
Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections, Vinyl/Luxury Vinyl Floor
Lot
E PT 3
Lot Description
Some Trees, Level
Lot Size
51X150
Neighborhood Amenities
None
Parking Storage
Driveway/Pad, Storage Room(s), Workshop(s)
Stories
1
Style
Other (See Remarks)
Subdivision
BETHEL GROVE
Subtype
Detached Single Family
Year Built
1943

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Calculator source: Real Geeks

Listing courtesy of The Home Partners Realty.

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