The roof of the house is 3 years old and the HVAC is new and it was replaced last year. The bathroom was remodeled last year
The property is leased through July 2023 at $700/mo but market rent puts it at $1,075.
The basic rental turn will need to be completed when the tenants move out to maximize rents.
This property is a steal at $91,000
4098 Trudy st sold at 155k in January.
Property taxes are $1491/yr and the tenant pays all utilities
Current rent puts this at an 8% return with property management fees
3774 Tessland Rd, Memphis, TN 38128 Available
- $91,000
- 3 beds
- 1 baths
- 920 sqft
- Price:
- $91,000
- Address:
- 3774 Tessland Rd
Memphis, TN 38128 - Square Feet:
- 920
- Bedrooms:
- 3
- Bathrooms:
- 1
- Terms:
- Assignment of Contract
- Property Type:
- Home
- Year Built:
- 1963