901 Chesterton Dr, Memphis, TN, 38127
About This Home
ATTENTION INVESTORS!! Turnkey, income-producing rental with tenant in place. Leased at $975/month through 2/5/2027, delivering $975/month in cash flow and a 6.22% cash-on-cash return. Major improvements include a newer 30-year architectural roof (2020), new HVAC condenser, fully renovated kitchen with new cabinets and fixtures, and extensive interior/exterior updates with fresh paint and repairs. Additional upgrades include updated lighting, bathroom improvements with new toilet and exhaust fan, and completed electrical and plumbing repairs. Professionally renovated and maintained, this low-maintenance asset is positioned for stable returns and long-term portfolio growth. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- All Bedrooms Down,Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Vinyl
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,030 sqft
Property
Details
- Parcel number: D0134 Q00011
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch
- Exterior features: Other (See REMARKS)
Lot
- Lot size: 8,712 sqft
- Features: Level
- Lot size dimensions: 60 x 146
Parking
- Total spaces: 1
- Parking features: Driveway/Pad,Other (See REMARKS)
- Covered spaces: 1
- Has uncovered spaces: Yes