BEDS2
BATHS1 full
MLS#10220996
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSHERWOOD FOREST
Property Description
This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved returns. Ideally located with convenient access to shopping, dining, and I-240, this property combines stability with upside potential. Whether you're looking to expand your investment portfolio or take your first step into real estate investing, this is a smart, income-producing opportunity you won't want to miss. Please do not disturb the tenant. This is a tenant-occupied property, and all tenant rights apply.
Property Features
Property Type: Residential - Single Family
Cooling: Central, Other (See REMARKS)
Fenced: Yes
Heating: Central, Other (See REMARKS)
Home Style: Traditional
Lot Size: 0.18 Acres
Year Built: 1950
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 3
Exterior: Porch, Other (See REMARKS)
Floors/ Ceilings: Other (See REMARKS), Part Carpet, Part Hardwood
Living/ Dining Room: Great Room, Other (See Remarks), Separate Dining Room
Lot: Chain Fenced, Landscaped, Other (See Remarks), Some Trees
Parking/ Storage: Driveway/Pad, Other (See REMARKS)
Total Rooms: 5
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
Estimate Your Payment
Estimated Payment
$ 654.76 per month $622.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $32.08 Homeowner's InsuranceChange Payment Information
Disclaimer:
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3816 Allandale Ln | MLS# 10220996
This single family home located at 3816 Allandale Ln, Memphis, TN 38111 is currently listed for sale with an asking price of $110,000. This property was built in 1950 and has 2 bedrooms and 1 full baths. Allandale Ln is located in the SHERWOOD FOREST subdivision. Search SHERWOOD FOREST real estate on www.realestateinbowlinggreen.com today.