2545 Spottswood Ave, Memphis, TN 38114
- $92,000
- 2
- BD
- 1
- BA
- List Price
- $92,000
- Status
- ACTIVE
- MLS#
- 10219793
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size
- 25X108
Property Description
Turnkey cash flowing investment opportunity. Generating $1,000 per month with lease in place until 4/2027. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated. New A/C and Furnace. Low maintenance asset positioned for immediate return.Perfect for DSCR LOAN Option or Cash Buyer. Owner Financing Available ***DO NOT DISTURB TENANT*** Sold As-is.
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Additional Information
- Acres
- 0.06
- Annual City Tax
- 509
- Annual County Tax
- 531
- Bedrooms Downstairs
- 2
- Cooling
- Central
- Exterior
- Storage
- Exterior Windows
- Aluminum Window(s)
- Floors Ceilings
- Wood Laminate Floors
- Heating
- Central
- Legal Subdivision
- Melrose S/D Blk Pt 9
- Living Dining Kitchen
- Washer/Dryer Connections
- Lot Description
- Level
- Lot Size
- 25X108
- Neighborhood Amenities
- None
- Parking Storage
- Driveway/Pad
- Stories
- 1
- Style
- Traditional
- Subdivision
- ORANGE MOUND
- Subtype
- Detached Single Family
- Year Built
- 1915
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Listing courtesy of The Home Partners Realty.
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