5655 Encino Cv Unit #1, Memphis, TN 38115
- $40,000
- 2
- BD
- 2
- BA
- List Price
- $40,000
- Status
- ACTIVE
- MLS#
- 10226196
- Bedrooms
- 2
- Bathrooms
- 2
- Building Name
- The Hamlet's Hoa
Property Description
Investment opportunity with tremendous upside! This condo is available for showings! Property was in the middle of renovations before the seller decided to sell, leaving only a few finishing touches and remaining materials for the next owner. Complete the cleanup, install the microwave, mirror, and shower heads, and this unit could be turnkey and rent-ready for up to $850 per month. A great opportunity for investors looking for a low-cost project with strong rental potential. Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr, Apt 101, 38115; 2800 Mojave Pl, Apt 173, 38115; 2829 Sonora Dr, Apt 2, 38115; & 2567 Oxford Ave. That's 5 condos in the Hamlets & 1 duplex in Binghampton. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to make your offer today! VIDEO AVAILABLE UPON REQUEST!!
Additional Information
- Acres
- 0.20
- Annual City Tax
- 239
- Annual County Tax
- 250
- Bedroom Two Description
- Vinyl/Luxury Vinyl Floor
- Building Name
- The Hamlet's Hoa
- Condo Association
- Yes
- Cooling
- Central
- Exterior
- Pool House, Tennis Court, On-Site Storage, Balcony, Enclosed Balcony, Well Landscaped Grounds, Storage, Sidewalks, Other (See REMARKS)
- Exterior Windows
- Vinyl Siding, Other (See Remarks)
- Fees Include
- Exterior Insurance, Exterior Maintenance, Grounds Maintenance, Management Fees, Other (See REMARKS), Parking, Reserve Fund, Trash Collection
- Floors Ceilings
- Tile, Vinyl/Luxury Vinyl Floor, Other (See REMARKS)
- Heating
- Central
- Interior Equipment
- Disposal, Dishwasher, Microwave, Refrigerator, Cable Available, Other (See REMARKS)
- Legal Subdivision
- The Hamlets
- Living Dining Kitchen
- LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections, Other (See Remarks), Vinyl/Luxury Vinyl Floor
- Lot
- UNIT 49D
- Misc Interior
- Cat/Dog Free House, Smoke Detector(s), Vent Hood/Exhaust Fan, Other (See REMARKS)
- Monthly Maintenance Fee
- 240
- Neighborhood Amenities
- Club House, Gated Neighborhood, Other (See Remarks), Pool, Tennis Court
- New Financing
- Conventional, Other (See REMARKS)
- Other Rooms
- Laundry Closet, Entry Hall, Loft/Balcony, Storage Room, Other (See Remarks)
- Parking Storage
- Gated Parking, Parking Lot, Unassigned Parking, Other (See REMARKS)
- Pool Description
- Neighborhood
- Stories
- 1
- Style
- Traditional
- Subdivision
- HAMLETS (THE)
- Subtype
- Detached Single Family
- Unit Number
- 1
- Water Sewer
- Other (See REMARKS), Public Sewer, Public Water
- Year Built
- 1973
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