2545 Spottswood Ave, Memphis, TN, 38114
2beds
1baths
747sqft
$92,000
$123price/sqft
$880/moest. monthly cost
$35,200/yrincome needed
About This Home
Turnkey cash flowing investment opportunity. Generating $1,000 per month with lease in place until 4/2027. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated. New A/C and Furnace. Low maintenance asset positioned for immediate return.Perfect for DSCR LOAN Option or Cash Buyer. Owner Financing Available ***DO NOT DISTURB TENANT*** Sold As-is.
Getting Around
58
Somewhat Walkable33
Some Transit61
BikeableSchools
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5/10
3/10
Construction
Condition
- Year built: 1915
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Window features: Aluminum Frames
- Flooring: Wood Laminate Floors
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 747 sqft
Kitchen
- Features: Washer/Dryer Connections
Property
Details
- Parcel number: 029060 00006
Features
- Stories: 1
- Pool features: None
- Exterior features: Storage
Lot
- Lot size: 2,613 sqft
- Features: Level
- Lot size dimensions: 25 x 108
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes