3066 Redbud Rd Memphis, TN 38109

PRICED AT $160,000

Listing Details

  • $160,000
  • MLS# 10219403
  • Type Residential - Single Family
  • Status Active
  • 3 Bedrooms
  • 2 full Bathrooms
  • 0.470 acres Lot Size
  • 1943 Year Built

Description

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.

Features

  • Window Unit(s)
  • Wall Unit
  • Built in 1943
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Gallery

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All Property Features

  • Property Type: Residential - Single Family
  • Bed and Bath: All Bedrooms Down
  • Cooling: Window Unit(s)
  • Days on Site: 17
  • Exterior: Wrought Iron Security Drs, Deck
  • Exterior/ Windows: Brick Veneer
  • Floors/ Ceilings: Vinyl/Luxury Vinyl Floor
  • Heating: Wall Unit
  • Home Style: Traditional
  • Living/ Dining Room: Separate Living Room
  • Lot Description: Some Trees
  • Lot Size: 0.47 Acres
  • Parking/ Storage: Driveway/Pad
  • Total Rooms: 7
  • Year Built: 1943