About This Home
This 3-bedroom, 2-bathroom single family at 3741 FAXON Ave in Memphis, TN is listed for $180,000 ($176 per sqft). Built in 1948, the home offers 1,024 sqft of living space on a 0.22 acres lot.
Key Features
- Built in 1948
- 0.22 acre lot
Property Details
Amenities
Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner.
This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.
Monthly Cost Estimate
$963/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3741 FAXON Ave
Memphis, TN 38122
T A LAMBSS
Features & Amenities
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 3741 FAXON Ave is listed at $180,000 ($176/sqft). The estimated monthly payment is $963 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1948, 0.22 acre lot. Exterior Features: Porch, Sidewalks.
This property is listed by Jose Adan Leal Garcia and can be reached at 9017678770.
