6
See all 6 photos
$119,900
Est. payment /mo
3 Beds
1 Bath
6,534 Sqft Lot
Active
646 LEACREST AVE Memphis, TN 38109
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Chickasaw Village
MLS Listing ID 10224820
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1960
Annual Tax Amount $964
Lot Size 6,534 Sqft
Property Sub-Type Detached Single Family
Property Description
Welcome to this refreshed 3-bedroom, 1-bath home in Chickasaw Village, offering an affordable investment opportunity with immediate rental income. **Now tenant-occupied with a signed lease at $1,250 per month ($15,000 annually)**, this property offers investors established rental income from day one rather than projected rental potential. This is an excellent opportunity to acquire an income-producing property with a tenant already in place. Whether you're expanding your rental portfolio or purchasing your first investment property, the numbers are worth a look. **NO WHOLESALERS, ASSIGNMENT LANGUAGE, OR CREATIVE FINANCING.**
Location
State TN
County Shelby
Area Coro Lake
Rooms
Master Bedroom 0
Dining Room 0
Kitchen Separate Dining Room, Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Hardwood Throughout
Exterior
Exterior Feature Brick Veneer, Vinyl Siding
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Private Pool No
Building
Lot Description Some Trees
Story 1
Others
Miscellaneous On-Site Storage
Listed by Laszlo Nguyen Heckler • eXp Realty, LLC
NEARBY SCHOOL & BUSINESS
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