Owner just put $7000 into improvements. New carpet, Interior paint, New Security front door, Exterior wood repair, landscaping, screen removal and much more. Located in a nice quite neighborhood in Cordova close to everything. Priced to sell with a lovely fenced backyard with a patio.This is an investor property with a wonderful tenant paying on time. Cap rate at this price is 8%.
Based on the average sale price from the Memphis, TN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1615 Sorghum Mill Dr Memphis, TN is a Single Family Home for sale at $205000 with 1512 sqft and a lot size of 0.07 Acres Acre(s). 1615 Sorghum Mill Dr Memphis has 2 bedrooms, 2 baths and was built in 1990. The property's zip code is 38016 which is in Memphis, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.