About This Home
This 3-bedroom, 1-bathroom single family at 223 CHARTER Ave in Memphis, TN is listed for $116,900 ($102 per sqft). Built in 1960, the home offers 1,147 sqft of living space on a 0.19 acres lot.
Key Features
- Built in 1960
- 0.19 acre lot
Property Details
Amenities
Don't miss this newly renovated (2023), income-producing property featuring 3 bedrooms and 1 bathroom. Currently tenant-occupied at $1,000 per month, with the lease in place through November 30, 2026, providing immediate cash flow for investors. But this property isn't just for investors!
It could also be a great opportunity for a first-time homebuyer looking for an affordable home with the potential to build equity and create long-term wealth. Conveniently located within walking distance of public transportation, grocery stores, and nearby schools, including Geeter K-8 School and Fairley High School.
Whether you're looking to add to your investment portfolio or purchase your first home, this property is worth a closer look! ?? Please do not disturb the tenants. No showings will be permitted until an acceptable offer has been received and accepted by the seller.
Monthly Cost Estimate
$625/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
223 CHARTER Ave
Memphis, TN 38109
ACKLENA LAND COMPANY
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 223 CHARTER Ave is listed at $116,900 ($102/sqft). The estimated monthly payment is $625 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 0.19 acre lot. Interior Features: All Window Treatments. Exterior Features: Chain Fence, Porch, Sidewalks.
This property is listed by Raven Henderson and can be reached at 9016052218.
