799 Cherokee Ave Memphis, TN 38106
PRICED AT $55,000
Listing Details
- $55,000
- MLS# 10221846
- Type Residential - Single Family
- Status Active
- 3 Bedrooms
- 1 full Bathrooms
- 0.170 acres Lot Size
- 1958 Year Built
Description
Turnkey investment opportunity with projected rent of $1,075/month ($12,900 annually). Estimated monthly cash flow of $530.79 with a projected 31.45% cash-on-cash return. Professionally managed and ready for your next tenant. 799 Cherokee Ave features hard surface flooring throughout, a bright living area, upgraded kitchen with shaker cabinets, central heat and air, and a large fenced backyard. Strong rental appeal with durable, low-maintenance features. Property needs TLC and is being sold AS IS. Seller will not connect utilities. NO WHOLESALERS, ASSIGNMENTS, OR CREATIVE FINANCING.
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