2
See all 2 photos
$89,000
Est. payment /mo
2 Beds
1 Bath
8,712 Sqft Lot
Pending
1373 RUSSWOOD RD Memphis, TN 38108
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Pending
Purchase Type For Sale
Subdivision Lynwood Park First Addition
MLS Listing ID 10216298
Style Traditional
Bedrooms 2
Full Baths 1
Year Built 1952
Annual Tax Amount $1,185
Lot Size 8,712 Sqft
Property Sub-Type Detached Single Family
Property Description
This investment property is rented for $850/mo. Incredible opportunity available with tremendous cash flow and huge potential upside! 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365, est ARV of full package is $3.155M. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance. Addresses are 5088 Edenshire, 1236 Goodman, 4853 Tutwiler, 3471 Heckle, 1373 Russwood, 3430 Hendricks, 4594 Sea Isle, 860 Berclair, 3674 Mountain Terrace, 3270 Abbottsford, 1946 Willow Wood, 3588 Kearney, 3540 Marion, 3682 Kearney, 4401 Quince, 3689 Kearney, 4635 Monaco
Location
State TN
County Shelby
Area Kingsbury
Rooms
Master Bedroom 0
Dining Room 0
Kitchen Pantry
Interior
Heating Central
Cooling Central
Flooring Part Carpet
Exterior
Exterior Feature Wood/Composition
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Other (See REMARKS)
Listed by William H Haynes • Crye-Leike, Inc., REALTORS
NEARBY SCHOOL & BUSINESS
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