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$50,000
Est. payment /mo
2 Beds
1 Bath
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Averys Re
MLS Listing ID 10224611
Style Traditional
Bedrooms 2
Full Baths 1
Year Built 1950
Annual Tax Amount $392
Lot Size 10,018 Sqft
Property Sub-Type Detached Single Family
Property Description
Investor Opportunity!!! Calling all cash buyers, landlords, and investors! This 2-bedroom, 1-bathroom home offers a great opportunity to add to your portfolio or start investing in the Memphis market. The property needs a little TLC but has strong upside potential and can be rented for $1,200+ per month. Located in a quiet neighborhood with friendly neighbors and just 10 minutes from Downtown Memphis, this property is well-positioned for long-term rental demand. Bonus: 1574 Leland St can be purchased individually or as a package deal with the neighboring property at 1570 Leland St. These side-by-side homes can be sold together or separately, giving investors flexibility and the chance to maximize their returns. Don't miss this affordable value-add opportunity in one of the nation's top investment markets. Contact listing agent with any additional questions.
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Rooms
Master Bedroom 0
Dining Room 0
Kitchen Other (See Remarks)
Interior
Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Flooring Other (See REMARKS)
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Pool None
Private Pool No
Building
Lot Description Other (See Remarks)
Story 1
Others
Miscellaneous Other (See REMARKS)
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Listed by Arlexus A Holmes • BHHS Taliesyn Realty
Nearby Locations
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