1507 Sparks

Memphis, TN 38106

Investors ideal property! Incoming producing property that is turnkey. Purchase this property with confidence. What do us investors want? A gold bar that allows good monthly return and in good condition. Home sits in a community that is a mix of long term homeowners and rental properties. Home sits in well-cared for community. Sits in a cove that is manicured with homes filled with flowers, updated, and painted homes. Professional management is already in place. Property is a healthy property that has completed a full scope work that was recommended by the management company. Scope of work included items such as fresh paint, new light fixtures, fence repair, new window locks, new flooring in kitchen and bathrooms. HVAC and plumbing have been inspected. It is a 4 bedroom home with a carport, handicap ramp, and a separate laundry room. Tenant is in place until 2025. The tenant pays double the amount of the average lease in the area.

This is an Active listing.

Broker Office Phone Number: 901-754-0800

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