Turnkey Property in Memphis - Only $39,900 - Great ROI

HavePropertiesResidentialSFR

Residential Real Estate Broker · Memphis, TN · Member since 2015 · 84 posts · 60 votes

Tenant just moved in and is about to start their 2nd of a 12-month lease.

Currently rented @

$750 / month

$600 Security Deposit.

1891 Cloverdale St. Memphis, TN 38114

3 Bed / 1 Bath / 1,300 sq ft

Sales Price: $39,900.

Link to additional photos of the house.

Tenant screening requirements were:

*Income of 3x rent

*No evictions within last 3 years

*No felonies.

To get on our buyer's list please go to: https://goo.gl/forms/clgxpLN4h9IXObEp2

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Koleton Daley
American Fork, UT · Member since 2017 · 175 posts · 76 votes
8y
Is this property still available? Tenants paying utilities?
0 Reply
Chris Harkins
OP
Residential Real Estate Broker · Memphis, TN · Member since 2015 · 84 posts · 60 votes
8y
@Koleton Daley - yes the property is still available and the tenants are paying for the utilities.
0 Reply
Michael McManus
Specialist · Collegeville, PA · Member since 2017 · 35 posts · 7 votes
8y
@Chris Harkins, possible silly question (new to all this!) - With a deal like this, is financing flexible or would it require cash only?
0 Reply
Jamaal Hadley
Powersville, GA · Member since 2015 · 57 posts · 8 votes
8y
Can you please send me more pics of this deal@[email protected]
0 Reply

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