2829 Sonora Dr Unit #2, Memphis, TN 38115

$40,000
2
BD
2
BA

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List Price
$40,000
Status
ACTIVE
MLS#
10226213
Bedrooms
2
Bathrooms
2
Building Name
The Hamlet's Hoa

Property Description

Turnkey and ready to go, this beautiful 2-bedroom, 2-bath condo in The Hamlets is an excellent opportunity for both investors and owner-occupants. Featuring new appliances, including a new oven and refrigerator, this low-maintenance unit is move-in ready from day one. Investors will appreciate the strong rental potential of approximately $850 per month, easily exceeding the 1% rule, while buyers looking to own an affordable home free and clear will love the value this property offers. 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

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
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, 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
UNIT117U
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), 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
Attached Single Family
Unit Number
2
Water Sewer
Other (See REMARKS), Public Sewer, Public Water
Year Built
1973

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Listing courtesy of eXp Realty, LLC.

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