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About This Home
This 3-bedroom, 1-bathroom single family at 1561 PRESTON St in Memphis, TN is listed for $73,000 ($75 per sqft). Built in 1997, the home offers 974 sqft of living space on a 0.18 acres lot.
Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income.
Property is occupied by a tenant at $695 per mo. ***DO NOT DISTURB*** Drive by to make offers. No viewing without an Seller Accepted offer. Due Diligence performed during walkthrough once accepted. Cash offers must show a Valid Proof of Funds. Must present a Pre Approval for all Conventional Loans. ***Professional Property Management in Place***> Seller also Selling 572 Burlington Cir< ~Sorry No Wholesalers, No Creative Financing and No Hard Money Loans~
Key Features
- Built in 1997
- 0.18 acre lot
Property Details
Amenities
Monthly Cost Estimate
$390/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1561 PRESTON St
Memphis, TN 38106
CENTRAL LAND CO BLK 8
Features & Amenities
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1561 PRESTON St is listed at $73,000 ($75/sqft). The estimated monthly payment is $316 based on 20% down at 6.5% interest.
Key features include: Built in 1997, 0.18 acre lot. Exterior Features: Wrought Iron Security Drs, Porch.
This property is listed by Tara Woodley and can be reached at 9016033419 or twoodley39@gmail.com.
