1561 Preston St, Memphis, TN 38106
- $70,000
- 3
- BD
- 1
- BA
- List Price
- $70,000
- Status
- ACTIVE
- MLS#
- 10221417
- Price Change
- ▼ $3,000 1781904177
- Bedrooms
- 3
- Bathrooms
- 1
- Lot Size
- 53X151
Property Description
Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO NOT DISTURB*** Drive by to make offers. No viewing without an Seller Accepted offer. Due Diligence performed during walkthrough once accepted. Cash offers must show a Valid Proof of Funds. Must present a Pre Approval for all Conventional Loans. ***Professional Property Management in Place***> Seller also Selling 572 Burlington Cir< ~Sorry No Wholesalers, No Creative Financing and No Hard Money Loans~
Additional Information
- Acres
- 0.18
- Annual City Tax
- 403
- Annual County Tax
- 420
- Cooling
- Central
- Exterior
- Wrought Iron Security Drs, Porch, Other (See REMARKS)
- Exterior Windows
- Brick Veneer
- Floors Ceilings
- Tile, Vinyl/Luxury Vinyl Floor
- Heating
- Central
- Legal Subdivision
- Central Land Co Blk 8
- Living Dining Kitchen
- LR/DR Combination, Other (See Remarks)
- Lot
- 21
- Lot Description
- Some Trees, Other (See Remarks)
- Lot Size
- 53X151
- Neighborhood Amenities
- None
- New Financing
- Conventional, Other (See REMARKS)
- Parking Storage
- Driveway/Pad, Other (See REMARKS)
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- CENTRAL LAND CO BLK 8
- Subtype
- Detached Single Family
- Water Sewer
- Public Water, Public Sewer
- Year Built
- 1997
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Listing courtesy of Zach Taylor Real Estate.
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