Solid 2 bedroom, 1 bath investment property in Memphis's Northaven area. A long-term tenant is currently in place on a month-to-month lease, paying $825/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted â buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: 2 bed / 1 bath Northaven area of Memphis Long-term tenant in place, month-to-month Current rent: $825/month No showings prior to accepted offer Cash or conventional financing only â no creative financing
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.
735 Archie Dr Memphis, TN is a Single Family Home for sale at $79900 with 1338 sqft and a lot size of Acre(s). 735 Archie Dr Memphis has 2 bedrooms, 1 baths and was built in 1972. The property's zip code is 38127 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.