5655 Encino Cv Unit #1, Memphis, TN 38115

$40,000
2
BD
2
BA

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List Price
$40,000
Status
ACTIVE
Days on Market
16
MLS#
10226196
Style
Traditional
Year Built
1973
Bedrooms
2
Bathrooms
2
Full Baths
2
Acres
0.20
Subdivision
HAMLETS (THE)
Building Name
The Hamlet's Hoa

Property Description

Investment opportunity with tremendous upside! This condo is available for showings! Property was in the middle of renovations before the seller decided to sell, leaving only a few finishing touches and remaining materials for the next owner. Complete the cleanup, install the microwave, mirror, and shower heads, and this unit could be turnkey and rent-ready for up to $850 per month. A great opportunity for investors looking for a low-cost project with strong rental potential. Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr, Apt 101, 38115; 2800 Mojave Pl, Apt 173, 38115; 2829 Sonora Dr, Apt 2, 38115; & 2567 Oxford Ave. That's 5 condos in the Hamlets & 1 duplex in Binghampton. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to make your offer today! VIDEO AVAILABLE UPON REQUEST!!

Additional Information

Building Name
The Hamlet's Hoa
Property Description
Traditional
Heating
Central
Air Conditioning
Central
Exterior Features
Pool House, Tennis Court, On-Site Storage, Balcony, Enclosed Balcony, Well Landscaped Grounds, Storage, Sidewalks, Other (See REMARKS)
Stories
1
Pool
Yes
Pool Type
Neighborhood

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Listing courtesy of eXp Realty, LLC.

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