About This Home
This 2-bedroom, 2-bathroom single family at 1556 CANE Ave in Memphis, TN is listed for $74,500 ($68 per sqft). Built in 1944, the home offers 1,090 sqft of living space on a N/A lot.
Key Features
- Built in 1944
Property Details
Amenities
Solid brick home offered as a turnkey investment property. A long-term tenant is currently in place on a month-to-month lease, paying $895/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted - buyer to underwrite on rent roll and photos, with inspection contingency as needed.
Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: Brick single-family construction Long-term tenant in place, month-to-month Current rent: $895/month No showings prior to accepted offer Cash or conventional financing only - no creative financing
Monthly Cost Estimate
$398/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1556 CANE Ave
Memphis, TN 38106
Features & Amenities
Exterior Features
Property Details
Heating
Cooling
Questions & Answers
This 2-bedroom, 2-bathroom single family at 1556 CANE Ave is listed at $74,500 ($68/sqft). The estimated monthly payment is $399 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1944. Exterior Features: Wrought Iron Security Drs.
This property is listed by Caleb Parr and can be reached at 9014840478.
