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About This Home
This 3-bedroom, 2-bathroom single family at 3820 LUCERNE Dr in Memphis, TN is listed for $189,000 ($128 per sqft). Built in 1981, the home offers 1,480 sqft of living space on a 0.19 acres lot.
Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $1,390/mo. through 2/28/2027. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant.
Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 2-bathrooms, open den w/FP, separate dining room & eat in Kitchen. Tiled floors in the common areas & plank vinyl in the bedrooms. A large lot with mature trees. Photos from July 2022.
Key Features
- Built in 1981
- 0.19 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3820 LUCERNE Dr
Memphis, TN 38115
ROSSWOOD WILLAGE SEC B
Property Details
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 3820 LUCERNE Dr is listed at $189,000 ($128/sqft). The estimated monthly payment is $819 based on 20% down at 6.5% interest.
Key features include: Built in 1981, 0.19 acre lot, Fireplace.
This property is listed by Benjamin Reed and can be reached at 9018702966 or Ben@myreedhome.com.
