ATTENTION INVESTORS!! Turnkey, income-producing asset with tenant in place. Currently leased at $1,225/month through 4/27/2028, with projected rent of $1,295/month, delivering $163.38/month in cash flow and a 4.34% cash-on-cash return. Financials available upon request Major improvements include a new 30-year architectural roof, new 3-ton HVAC system, new 30-gallon water heater, and a fully renovated kitchen with new cabinets, countertops, and fixtures. Bathrooms have been fully updated with new tubs, tile, and vanities. Additional upgrades include new LVP/tile flooring, fresh interior/exterior paint, smart locks, and updated lighting. Solid 3BR layout offering long-term tenant stability, low maintenance, and strong rental performance. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Anna Palazola
Agent Phone: (901) 383-3968
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 389.92 per month $344.74 Principal & Interest $0.00 Property Tax (data not provided by mls) $45.18 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
4995 Stacey Rd | MLS# 10220378
This single family home located at 4995 Stacey Rd, Memphis, TN 38109 is currently listed for sale with an asking price of $154,900. This property was built in 1957 and has 3 bedrooms and 1 full baths. Stacey Rd is located in the HOLMES RD subdivision. Search HOLMES RD real estate on annapalazola.crye-leike.com today.