988 Michael Cv Memphis, TN 38116

PRICED AT $79,000

Listing Details

$79,000
MLS# 10217921
Type Residential - Single Family
Status Pending

3 Bedrooms
1 full 1 partial Bathrooms
0.570 acres Lot Size
1951 Year Built

Description

Opportunity knocks with this income-producing property priced well below market value due to the repairs and updates needed. Being sold AS IS this 3-bedroom, 1.5-bath home already has a long-term tenant in place, offering immediate cash flow from day one. Currently rented at $950/month, the tenant has occupied the property since March 2015 and is currently on a month-to-month lease with a strong rental payment history. With some improvements and vision, this property could be a solid investment.

Features

Central
1 Fireplace
Central
Built in 1951

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