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

Property is boarded up, agent will need to bring a drill to remove boards. Property needs TLC and is being sold AS IS. Seller will not connect utilities. This property has a projected monthly rent of $1,075 ($12,900 annually), an estimated cash-on-cash return of 31.05%, and an expected monthly cash flow of $523.94. "all investment figures are estimates and verified independently by buyer" Great investment opportunity with strong rental or resale potential. This well-maintained 3-bedroom, 1-bath home offers ~1,131 SF with hard-surface flooring, a bright living area, and an updated kitchen with shaker-style cabinetry. Features...read more

Features

Central
Central
Built in 1958

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