1561 PRESTON ST, Memphis, TN 38106
1561 PRESTON ST, Memphis, TN 38106
1561 PRESTON ST, Memphis, TN 38106
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$70,000
Est. payment /mo
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3 Beds
1 Bath
7,840 Sqft Lot
Price Dropped by $3K

1561 PRESTON ST Memphis, TN 38106

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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Central Land Co Blk 8

MLS Listing ID 10221417

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1997

Annual Tax Amount $823

Lot Size 7,840 Sqft

Property Sub-Type Detached Single Family

Property Description

Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO NOT DISTURB*** Drive by to make offers. No viewing without an Seller Accepted offer. Due Diligence performed during walkthrough once accepted. Cash offers must show a Valid Proof of Funds. Must present a Pre Approval for all Conventional Loans. ***Professional Property Management in Place***> Seller also Selling 572 Burlington Cir< ~Sorry No Wholesalers, No Creative Financing and No Hard Money Loans~

Location

State TN

County Shelby

Area South Memphis/61 Hwy

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen LR/DR Combination, Other (See Remarks)

Interior

Heating Central

Cooling Central

Flooring Tile, Vinyl/Luxury Vinyl Floor

Exterior

Exterior Feature Brick Veneer

Parking Features Driveway/Pad, Other (See REMARKS)

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Other (See Remarks), Some Trees

Story 1

Sewer Public Sewer

Water Public Water

Others

Miscellaneous Wrought Iron Security Drs,Porch,Other (See REMARKS)


Listed by Tara A Woodley • Zach Taylor Real Estate

NEARBY SCHOOL & BUSINESS

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Heather Wicker

Heather Wicker

Agent | License ID: 374750

+1(901) 430-2229

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1561 PRESTON ST