2545 SPOTTSWOOD AVE

Memphis, TN 38114
Beds
2
Baths
1
Square Ft.
747
$92,000
Turnkey cash flowing investment opportunity. Generating $1,000 per month with lease in place until 4/2027. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated. New A/C and Furnace. Low maintenance asset positioned for immediate return.Perfect for DSCR LOAN Option or Cash Buyer. OwnerRead MoreRead Less
Courtesy of Tiffany Brown, The Home Partners Realty, 901-305-6047.
Listing Snapshot
Days Online
11
Last Updated
Property Type
Detached Single Family
Beds
2
Full Baths
1
Square Ft.
747
Lot Size
0.06 Acres
Year Built
1915
MLS Number
10219793
30 Days Snapshot Of 38114
$159k
+47%
(avg) sold price
15
+114%
homes sold
27
+50%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
# of Stories: 1, DETACHED UNIT TYPE: General Residential, Square Feet: 747, STYLE: Traditional, Year Built: 1915
Cooling
COOLING: Central
Exterior Features
EXTERIOR/WINDOWS: Aluminum Window(s), MISC EXTERIOR: Storage
Floors
FLOORS/CEILINGS: Wood Laminate Floors
Heating
HEATING: Central
Home Owner's Association
Neighborhood Association: None
Lot
Acreage: 0.06, LOT DESCRIPTION: Level, Lot Size: 25X108
Parking
Parking Display: N0, PARKING/STORAGE: Driveway/Pad
Property
Construction Status: Existing Property
Taxes
Annual City Tax: $509, Annual County Tax: $531
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Eric Bell
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