Turnkey Renovated 2BR/1BA in South Memphis. This property has a 3-year tenant who is vacating in mid-September. Scheduled rent was $1,050/Month and the property is currently listed for rent at that same price. Almost all parts of the house were renovated within the last 5-7 years. Hot Water Heater is 2yrs old. This is a great starter rental for any investor looking to enter the Memphis market. This could also be fantastic first time homeowner property. Mortgage price with an FHA 3.5% loan would be UNDER what you can pay for rent. Stop renting when you can OWN for cheaper!. Seller willing to offer full sellers concession to roll in any closing costs for the buyer.
Listing courtesy of Realty International, Inc..
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