$140,000
Est. payment /mo
4 Beds
1 Bath
New
550 S PARKWAY AVE E 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 Barbour Blk B
MLS Listing ID 10231390
Style Traditional
Bedrooms 4
Full Baths 1
Year Built 1912
Annual Tax Amount $390
Property Sub-Type Detached Single Family
Property Description
Cash-flowing investment opportunity in Memphis. This brick home is leased at $1,700/month through March 2027 and is professionally managed, so you collect income from day one. The brick exterior means lower long-term maintenance and less capital expense. A strong fit for an investor who wants a hands-off rental with steady income. No showings without an accepted offer. No seller/creative financing.
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Rooms
Master Bedroom 0
Dining Room 0
Kitchen Separate Living Room
Interior
Heating Central
Cooling Other (See REMARKS)
Flooring Other (See REMARKS)
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Pool None
Roof Type Composition Shingles
Private Pool Yes
Building
Lot Description Level
Story 1
Foundation Conventional
Others
Miscellaneous Wrought Iron Security Drs
Listed by Caleb Parr • Renshaw Company, REALTORS
NEARBY SCHOOL & BUSINESS
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