3540 Marion Ave, Memphis, TN 38111

$170,000
  • 3540 Marion Ave, Memphis, TN 38111 Main Photo

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Active
BEDS4 BATHS2 full MLS#10214825
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCOLONIAL HEIGHTS
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Property Description

Incredible investment opportunity available with tremendous cash flow and huge potential upside! Property is currently rented for $1375/mo. 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365, est ARV of full package is $3.155M. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance. Addresses are 5088 Edenshire, 1236 Goodman, 4853 Tutwiler, 3471 Heckle, 1373 Russwood, 3430 Hendricks, 4594 Sea Isle, 860 Berclair, 3674 Mountain Terrace, 3270 Abbottsford, 1946 Willow Wood, 3588 Kearney, 3540 Marion, 3682 Kearney, 4401 Quince, 3689 Kearney, 4635 Monaco

3540 Marion Ave | MLS# 10214825

This single family home located at 3540 Marion Ave, Memphis, TN 38111 is currently listed for sale with an asking price of $170,000. This property was built in 1950 and has 4 bedrooms and 2 full baths. Marion Ave is located in the COLONIAL HEIGHTS subdivision. Search COLONIAL HEIGHTS real estate on www.realestateinbowlinggreen.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.18 Acres
Year Built: 1950

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 30
Exterior/ Windows: Wood/Composition
Floors/ Ceilings: Part Carpet
Living/ Dining Room: Pantry
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 7

Room Sizes

Dining Area: 0
Den/ Great Room: 0
Living room: 0

Listed By / Shown By

Listed By

Agency Name: Crye-Leike, Inc., REALTORS

Shown By

Agency Title: CRYE-LEIKE Executive Realty
Agency Phone: (866) 301-3377

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Estimated Payment

$ 1,011.89 per month $962.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $49.58 Homeowner's Insurance

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