Property Description

Solid 3 bedroom, 1 bath investment property in Memphis's Northaven area, partially brick construction. A long-term tenant is currently in place on a month-to-month lease, paying $800/month, delivering immediate cash flow from close with no vacancy or lease-up period. County taxes only ? no city tax burden. 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: 3 bed / 1 bath, partially brick Northaven area of Memphis County taxes only Long-term tenant in place, month-to-month Current rent: $800/month No showings prior to accepted offer Cash or conventional financing only ? no creative financing

Property Features