BEDS3
BATHS1 full
MLS#10195316
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCRUMP BROTHERS
NEIGHBORHOODSouth Memphis-Glenview
Property Description
ATTENTION INVESTORS!! Turnkey, income-producing asset with a secured long-term tenant in place. Leased at $1,195/month through 3/31/2028, delivering consistent cash flow of $1,195/month and a 4.49% cash-on-cash return. Financials available upon request. Major capital improvements include a new 30-year architectural roof, double-pane aluminum windows, 2024 water heater, updated kitchen with new countertops and fixtures, and a renovated bathroom with new tub and subway tile surround. Additional upgrades include fresh interior/exterior paint, new lighting, and durable hard surface flooring throughout. Fully renovated and professionally managed, this low-maintenance investment is positioned for stable, predictable returns. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.16 Acres
Year Built: 1912
Feature Descriptions
Bed and Bath: All Bedrooms Down, Other (See Remarks)
Days on Site: 83
Exterior: Porch, Other (See REMARKS)
Exterior/ Windows: Brick Veneer, Other (See Remarks)
Floors/ Ceilings: Other (See REMARKS), Vinyl/Luxury Vinyl Floor
Lot: Some Trees
Parking/ Storage: Driveway/Pad
Total Rooms: 7
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 377.33 per month $333.61 Principal & Interest $0.00 Property Tax (data not provided by mls) $43.72 Homeowner's InsuranceChange Payment Information
Crye-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.
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1531 Netherwood Ave | MLS# 10195316
This single family home located at 1531 Netherwood Ave, Memphis, TN 38106 is currently listed for sale with an asking price of $149,900. This property was built in 1912 and has 3 bedrooms and 1 full baths. Netherwood Ave is located in the CRUMP BROTHERS subdivision. Search CRUMP BROTHERS real estate on online.fusion2b.com today.