About This Home
This 3-bedroom, 2-bathroom single family at 538 E MCKELLAR Ave in Memphis, TN is listed for $89,900 ($56 per sqft). Built in 1928, the home offers 1,615 sqft of living space on a N/A lot.
Key Features
- Built in 1928
Property Details
Amenities
Solid 3 bedroom, 2 bath investment property, offered as a turnkey investment. A long-term tenant is currently in place on a month-to-month lease, paying $1,073/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: 3 bed / 2 bath Long-term tenant in place, month-to-month Current rent: $1,073/month No showings prior to accepted offer Cash or conventional financing only - no creative financing
Monthly Cost Estimate
$481/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
538 E MCKELLAR Ave
Memphis, TN 38106
Longview Heights 1st Add Blk 239
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 538 E MCKELLAR Ave is listed at $89,900 ($56/sqft). The estimated monthly payment is $481 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1928. Exterior Features: Wrought Iron Security Drs.
This property is listed by Caleb Parr and can be reached at 9014840478.
