Skip To Content

3066 Redbud Rd

Memphis, TN 38109
  • $135,000
  • STATUS: Active
  • ON SITE: 189 Days
  • ID#: 10129522
UPDATED: 21 min ago
$135,000
  • 6
    BEDS
  • 0.47
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1000-1199
    SQFT
  • $123
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1943
County:

School Ratings & Info

Description

Great earning potential. Two single family homes on one parcel, both properties have been well maintained and managed. Property beats the 1% rule! Total rents are $1500/mo with room for increase. One long term tenant is month to month, the other tenant is on a yearly lease. MAAR Square footage does not account for second house, about 750sf, buyer to verify. House are individually metered. Both houses are 3/1s, back house features sizable den and huge deck. Don't approach or disturb tenants!

Monthly Payment Calculator



© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Group Home & Loan | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-01-29T14:03:05.08.
www.gowallacegroup.com/homes/131212794
Print Image

3066 Redbud Rd Memphis, TN 38109

  • Price: $135,000
  • Status: Active
  • On Site: 189 Days
  • Updated: 21 min ago
  • ID#: 10129522
6
Beds
2
Baths
0
½ Baths
0.47
Acres
1000-1199
SQFT
$123
$/SQFT
1943
Built
Neighborhood:
Belmont
County:
Shelby
Area:
Mitchell/Westwood
Property Description
Great earning potential. Two single family homes on one parcel, both properties have been well maintained and managed. Property beats the 1% rule! Total rents are $1500/mo with room for increase. One long term tenant is month to month, the other tenant is on a yearly lease. MAAR Square footage does not account for second house, about 750sf, buyer to verify. House are individually metered. Both houses are 3/1s, back house features sizable den and huge deck. Don't approach or disturb tenants!
Exterior Features

Covered Parking Spaces 0 Exterior And Windows Wood/Composition Lot Description Level Lot Size 82X250 Misc Exterior Sidewalks Parking And Storage Driveway/Pad Parking Display 0 Pool Description None Style Traditional

Interior Features

Additional Bed Bath Info All Bedrooms Down Bedrooms Down 6 Cooling Central Den Great Room Dimensions 0 Dining Room Dimensions 0 Floors And Ceilings Part Carpet Heating Central Living Dining Kitchen Pantry Living Room Dimensions 0 Primary Bedroom Dimensions 0 Rooms 10 Total Baths 2

Property Features

Annual City Tax 340 Annual County Tax 430 Condo No Contingency Type No Contingency Detached Unit Type General Residential Legal Subdivision Name Belmont Lot Number 30 Neighborhood Association None Prop Construction Status Existing Property Warranty And Possession Addendums Possession By AgreementTenants Rights

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike, Inc., Realtors: 901-756-8900.



© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Group Home & Loan | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-01-29T14:03:05.08.
 
https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_2_10129522-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_2_10129522-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_2_10129522-2.jpg
Logo
The Wallace Group Home & Loan | Keller Williams Realty
5224 Airline Road Suite 111
Arlington TN, 38002