Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $120,000, this property exceeds the 1% rule, making it an attractive option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical, plumbing, HVAC, water heater, windows, and exterior siding?minimizing maintenance concerns for years to come. Interior features include luxury vinyl flooring throughout main living areas and bedrooms, with tile in the kitchen and bathrooms for durability. The updated kitchen and bathrooms provide modern appeal that supports long-term tenant retention. This is a low-maintenance, income-producing asset ideal for both seasoned and out-of-state investors looking to expand their portfolio with confidence. Do not disturb tenant. No wholesalers/seller financing.
Listed By
Agency Name: Coldwell Banker Collins-Maury
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 302.07 per month $267.07 Principal & Interest $0.00 Property Tax (data not provided by mls) $35.00 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
1545 Oakwood St | MLS# 10212650
This single family home located at 1545 Oakwood St, Memphis, TN 38108 is currently listed for sale with an asking price of $120,000. This property was built in 1913 and has 3 bedrooms and 2 full baths. Oakwood St is located in the NORWOOD subdivision. Search NORWOOD real estate on online.fusion2b.com today.