1556 Cane Ave, Memphis, TN 38106
- $74,500
- 2
- BD
- 2
- BA
- List Price
- $74,500
- Status
- ACTIVE
- MLS#
- 10230873
- Bedrooms
- 2
- Bathrooms
- 2
- Lot Size
- 40X91
Property Description
Solid brick home offered as a turnkey investment property. A long-term tenant is currently in place on a month-to-month lease, paying $895/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted — buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: Brick single-family construction Long-term tenant in place, month-to-month Current rent: $895/month No showings prior to accepted offer Cash or conventional financing only — no creative financing
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Additional Information
- Annual City Tax
- 523
- Annual County Tax
- 545
- Cooling
- Central
- Exterior
- Wrought Iron Security Drs
- Exterior Windows
- Brick Veneer
- Floors Ceilings
- Other (See REMARKS)
- Foundation
- Conventional
- Heating
- Central
- Legal Subdivision
- Na
- Living Dining Kitchen
- Separate Living Room
- Lot Description
- Level
- Lot Size
- 40X91
- Neighborhood Amenities
- None
- Parking Storage
- Other (See REMARKS)
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- NA
- Subtype
- Detached Single Family
- Year Built
- 1944
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Listing courtesy of Renshaw Company, REALTORS.
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