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Cash flow property - FH Companies - $43,500

7 Bedrooms | Private

Cash flow property - FH Companies
Cash flow property - FH Companies

Ad Details

Location: Memphis, Tennessee

  • Price:$43,500    
  • Bedrooms:7

Description

Location: Memphis, TN

Here is a rare opportunity to own a rental property that will have a lot of cash flow.

This is a tri-plex unit. 2 bedroom 1 bathroom in the front, 2 bed 1 bathroom in the rear and it has a 1 bedroom 1 bathroom above the 2 car garage. This property will cash flow.

Rent Range: $525 per each of the 2/1's and $400 for the 1/1 with a projected total of $1,450!!



Bedrooms: 5
Bathrooms: 3
Parking: Driveway
Year Built: 1920
Subdivision: Biltmore
Lot Size: .1630
Garage Size: 2 car
Square Footage: 1,819
Broker: Ryan Hinricher
Structure: Stone
Air Conditioning: Central Heat & Air
Vacancy Status: Vacant



Contact Information
Manish Patel
manish@fhcompanies.com
347-623-2974

Pricing
Asking Price: $43,500.00
Flexibility: Firm
ARV: $80,000-$85,000
Annual Taxes: $1,622
Projected Rehab Cost : $25,000
Cash Flow: Positive

Property Location
3598 Macon
Memphis, TN 38122

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