3741 Faxon Ave, Memphis, TN 38122

$180,000
3
BD
2
BA

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List Price
$180,000
Status
ACTIVE
Days on Market
204
Price Change
▼ $9,900 1774828483
MLS#
10215466
Style
Traditional
Year Built
1948
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
50X200
Acres
0.22
Subdivision
T A LAMBS

Property Description

Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.

Additional Information

Property Description
Traditional
Heating
Central
Air Conditioning
Central
Exterior Features
Porch, Sidewalks
Stories
1
Roof
Composition Shingles
Foundation
Conventional

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Calculator source: Real Geeks

Listing courtesy of Fast Track Realty, LLC.

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