INVESTORS ONLY!!! Fully rented out duplex in Berclair area. Super rare opportunity to acquire this 100% occupied duplex in the 38122 zip code. Each unit is 2 bedrooms with 1 bathroom and it has a brick exterior with central heat and air. The current rent is $650 per unit ($1300 total) but market rent is $900 per unit once rehabbed $1800 total. Roof is estimated to be 6 years old. Owner self manages this property. This could be a great addition to your investment portfolio. No sign. Cash or conventional offers only (no owner financing or subject to offers will be considered). Please do not disturb the tenants.....make all offers contingent on interior inspection.
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.
557 Berclair Rd Memphis, TN is a Single Family Home for sale at $149900 with 1552 sqft and a lot size of 0.16 Acres Acre(s). 557 Berclair Rd Memphis has 4 bedrooms, 2 baths and was built in 1966. The property's zip code is 38122 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.