Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400?$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.
Listed By
Agency Name: eXp Realty, LLC
Shown By
Agent Name: Felix Bishop
Agent Phone: (901) 486-6082
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 402.76 per month $356.09 Principal & Interest $0.00 Property Tax (data not provided by mls) $46.67 Homeowner's Insurance
3066 Redbud Rd | MLS# 10219403
This single family home located at 3066 Redbud Rd, Memphis, TN 38109 is currently listed for sale with an asking price of $160,000. This property was built in 1943 and has 3 bedrooms and 2 full baths. Redbud Rd is located in the BELMONT subdivision. Search BELMONT real estate on felix.crye-leike.com today.