Summary
230 E Essex Ave, Memphis, TN 38106
Asking: $30,000
Bed/Bath: 3/1
Total Living Area: 1,020 sq ft
Lot Size: 6,621 sq ft
Year Built: 1999
Occupancy: Tenant occupied
Lease terms: month to month
Rent: $550 + utilities
Exterior Wall Type: Brick veneer
AC: Central
Heating Fuel Type: Gas
This off market SFR is currently rented on a month to month lease for $550/month. Wonderful buy and hold opportunity meeting the 2% rule and a high cap rate. The tenant is interested in staying long term if you would like. This property is being assigned, cash.
*All properties are sold for cash or hard money.
A $5,000.00 non-refundable earnest money deposit must be made within 24 hours after the offer is accepted and 14 days or less closing period are required.
*Proof of Funds is needed to get an accepted offer.
*Direct and legally binding and assignable purchase and sale agreement have been executed between the owners/sellers for the purchase of this property and a memorandum of contract has been recorded. We are offering to sell our equitable interest in this property. This contract is available for purchase for an assignment fee included in the price shown above. Do not attempt to contact the seller/owner for any reason. Swift legal action will be taken.
ZERO UNAPPROVED RE-MARKETING WILL BE TOLERATED. NO DAISY-CHAINING!
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold