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Real Estate - Tennessee Homes for Sale - Shelby County - 38109 - Memphis

Single Family Home in Memphis

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Single Family Home for Sale in Memphis, TN 38109
Asking Price USD 46,500
Property Type Single Family Home
Year Built 1971

Property Address :
1189 Pelican Ln,
Memphis, Tennessee 38109

Shelby County

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Seller information:
Ad expired

Bedrooms: 4
Bathrooms: 2
Floors : 1
Garage Size: None
Size : 1102 sq. feet
Lot Size : 0.15 acres

Home Rented $750
1 year lease- Government assisted tenant rent guaranteed!!
Rehabbed/Renovations included in price-$12,300
Beautiful Ceramic Tile, Nice brand new Carpet, Brand NEW ROOF!!
New Doors inside and out
New remodeled Bathrooms-Toilet, Tub and Vanity
Brand new Cabinets in kitchen
New Windows on every window
New hot water tank
Buy and Hold for Passive Cash Flow
Our sister company DCC RENTALS LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio call 901-212-4476
Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time.
All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.
Nearest Properties:
3BR/2BA Home for Sale in Memphis, TN 38109 - $40,000 (0.7 mi)
4BR/2BA Home for Sale in Memphis, TN 38109 - $49,500 (2.7 mi)
Home for Sale in Memphis, TN 38109 - $41,500 (4.7 mi)
4BR/1BA House for Sale in Memphis, TN 38106 - $35,000 (5.1 mi)
4BR/1BA Home for Sale in Memphis, TN 38106 - $35,000 (5.1 mi)

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