538 E MCKELLAR AVE, Memphis, TN 38106
538 E MCKELLAR AVE, Memphis, TN 38106
538 E MCKELLAR AVE, Memphis, TN 38106
538 E MCKELLAR AVE, Memphis, TN 38106
538 E MCKELLAR AVE, Memphis, TN 38106
538 E MCKELLAR AVE, Memphis, TN 38106
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$ 89,900
Est. payment | /mo

3 Beds

2 Baths


Save
$ 89,900
Est. payment | /mo
Save

3 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Longview Heights 1St Add Blk 239

MLS Listing ID 10230880

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1928

Annual Tax Amount $1,282

Property Sub-Type Detached Single Family

Property Description

Solid 3 bedroom, 2 bath investment property, offered as a turnkey investment. A long-term tenant is currently in place on a month-to-month lease, paying $1,073/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted — buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: 3 bed / 2 bath Long-term tenant in place, month-to-month Current rent: $1,073/month No showings prior to accepted offer Cash or conventional financing only — no creative financing

Location

State TN

County Shelby

Area South Memphis/61 Hwy

Rooms

Master Bedroom 0

Dining Room 0

Kitchen Separate Living Room

Interior

Heating Central

Cooling Central

Flooring Other (See REMARKS)

Exterior

Exterior Feature Brick Veneer

Parking Features Driveway/Pad

Garage Spaces 1.0

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Level

Story 1

Foundation Conventional

Others

Miscellaneous Wrought Iron Security Drs

Listed by Caleb Parr • Renshaw Company, REALTORS

Nearby Locations

Carla Faye Torkelson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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538 E MCKELLAR AVE