2
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$165,000
Est. payment /mo
3 Beds
2 Baths
8,276 Sqft Lot
New
3814 CARAVEL DR Memphis, TN 38115
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Ross Manor Estates Sec A
MLS Listing ID 10232512
Style Traditional
Bedrooms 3
Full Baths 2
Year Built 1980
Annual Tax Amount $2,318
Lot Size 8,276 Sqft
Property Sub-Type Detached Single Family
Property Description
Cash flowing income from day one! 3814 Caravel Dr is an excellent addition for out-of-state investors looking to grow their portfolio. The home is currently occupied by a long-term resident, providing steady, reliable cash flow without the cost or downtime of a lease-up. It meets the 1% rule, making the numbers work right out of the gate, and the brand new roof means one of the biggest capital expenses is already taken care of. Professional property management is already in place to handle rent collection, maintenance, and ongoing tenant relations, so you can own with confidence no matter where you live. A low-hassle, cash-flowing rental that's ready to perform. Don't miss this one!
Location
State TN
County Shelby
Area Hickory Hill/Kirby High
Rooms
Master Bedroom 18x15
Dining Room 15x13
Kitchen Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Vinyl/Luxury Vinyl Floor
Fireplaces Number 1
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Garage Spaces 2.0
Pool None
Private Pool No
Building
Lot Description Level
Story 1
Others
Miscellaneous Patio
Listed by Bradley Puckett • Reedy & Company, REALTORS
NEARBY SCHOOL & BUSINESS
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