1309 Semmes St, Memphis, TN 38111

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List Price
$125,000
Status
ACTIVE
Days on Market
13
MLS#
10231334
Style
Traditional
Year Built
1951
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
60X185
Acres
0.25
Subdivision
CHEROKEE

Property Description

Currently tenant-occupied paying $1,400 a month! Great opportunity in a very strong rental market! This home offers a 3-bedroom, 2-bath split floor plan and 1,319 sq. ft. of living space on a fenced 0.25-acre lot. Features include fresh paint, central heat and air, newer dimensional roof, updated electrical panel with room to expand, new thermostat, central heat -air, and new LED lighting throughout. Interior highlights include a spacious den, a large kitchen with ample cabinets and a dining area, updated baths with tile flooring, and updated venting. Hardwood flooring throughout most of the home, LVP in the kitchen, and tile in the baths. Includes stainless steel range & refrigerator. Recent upgrades deliver lower maintenance costs and long-term value. Very low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. Do not disturb the tenant. We have another property available at 3798 Glenburee St, Memphis, TN 38109 for sale!

Additional Information

Property Description
Traditional
Heating
Central, Gas
Air Conditioning
Central, Ceiling Fan(s), 220 Wiring
Exterior Features
Wrought Iron Security Drs, Porch, Patio
Stories
1
Roof
Composition Shingles
Foundation
Conventional

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Calculator source: Real Geeks

Listing courtesy of STIXNBRIX.

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