1309 Semmes St, Memphis, TN 38111

$125,000
3
BD
2
BA

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List Price
$125,000
Status
ACTIVE
MLS#
10231334
Bedrooms
3
Bathrooms
2
Lot Size
60X185

Property Description

Currently tenant-occupied paying $1,400 a month! Great opportunity in a very strong rental market! This home offers a 3-bedroom, 2-bath split floor plan and 1,319 sq. ft. of living space on a fenced 0.25-acre lot. Features include fresh paint, central heat and air, newer dimensional roof, updated electrical panel with room to expand, new thermostat, central heat -air, and new LED lighting throughout. Interior highlights include a spacious den, a large kitchen with ample cabinets and a dining area, updated baths with tile flooring, and updated venting. Hardwood flooring throughout most of the home, LVP in the kitchen, and tile in the baths. Includes stainless steel range & refrigerator. Recent upgrades deliver lower maintenance costs and long-term value. Very low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. Do not disturb the tenant. We have another property available at 3798 Glenburee St, Memphis, TN 38109 for sale!

Additional Information

Acres
0.25
Annual City Tax
554
Annual County Tax
577
Bedrooms Downstairs
3
Bedroom Three Description
Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
Bedroom Two Description
Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
Cooling
Central, Ceiling Fan(s), 220 Wiring
Exterior
Wrought Iron Security Drs, Porch, Patio
Exterior Windows
Brick Veneer, Wood/Composition, Wood Window(s)
Floors Ceilings
Part Hardwood, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling
Foundation
Conventional
Heating
Central, Gas
Interior Equipment
Range/Oven, Refrigerator, Cable Available
Legal Subdivision
Stroud Cecil
Living Dining Kitchen
Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
Lot
1
Lot Description
Some Trees, Level, Landscaped, Wood Fenced, Chain Fenced, Brick/Stone Fenced
Lot Size
60X185
Misc Interior
All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Smoke Detector(s), Vent Hood/Exhaust Fan
Neighborhood Amenities
None
Other Rooms
Bonus Room, Entry Hall, Attic
Parking Storage
Driveway/Pad
Roof
Composition Shingles
Stories
1
Style
Traditional
Subdivision
CHEROKEE
Subtype
Detached Single Family
Water Sewer
Gas Water Heater, Public Water, Public Sewer
Year Built
1951

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