Jai Lipscomb
REALTOR®, ABR, Broker
BEDS3
BATHS1 full
MLS#10221417
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCENTRAL LAND CO BLK 8
NEIGHBORHOODSouth Memphis-61 Hwy
Property Description
Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO NOT DISTURB*** Drive by to make offers. No viewing without an Seller Accepted offer. Due Diligence performed during walkthrough once accepted. Cash offers must show a Valid Proof of Funds. Must present a Pre Approval for all Conventional Loans. ***Professional Property Management in Place***> Seller also Selling 572 Burlington Cir< ~Sorry No Wholesalers, No Creative Financing and No Hard Money Loans~
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.18 Acres
Roof Type: Composition Shingles
Year Built: 1997
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 2
Exterior: Wrought Iron Security Drs, Porch, Other (See REMARKS)
Exterior/ Windows: Brick Veneer
Floors/ Ceilings: Tile, Vinyl/Luxury Vinyl Floor
Living/ Dining Room: LR/DR Combination, Other (See Remarks)
Lot: Other (See Remarks), Some Trees
Parking/ Storage: Driveway/Pad, Other (See REMARKS)
Total Rooms: 5
Water/ Sewer: Public Sewer, Public Water
Listed By / Shown By
Listed By
Agency Name: Zach Taylor Real Estate
Shown By
Agent Name: Jai Lipscomb
Agent Phone: (615) 870-9082
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 183.76 per month $162.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $21.29 Homeowner's InsuranceChange Payment Information
Jai Lipscomb
Cell: (615) 870-9082
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1561 Preston St | MLS# 10221417
This single family home located at 1561 Preston St, Memphis, TN 38106 is currently listed for sale with an asking price of $73,000. This property was built in 1997 and has 3 bedrooms and 1 full baths. Preston St is located in the CENTRAL LAND CO BLK 8 subdivision. Search CENTRAL LAND CO BLK 8 real estate on jailipscomb.crye-leike.com today.