1181 CANARY LN, Memphis, TN 38109

$102,500 Asking Price

3 beds
1 bath
Built in 1971

Investors this is a great opportunity to have an occupied investment property that will supply cashflow from day 1! There is professional property management in place with Reedy and Company! The current tenant is on a lease from 5/2/2024 until 10/31/2025 and they are paying $950 per month. No showings without an accepted offer. No wholesale or creative financing offers.

Features & Amenities

Interior

Rooms:
5
Flooring:
Hardwood Throughout,Tile
A/C:
Central
Heating:
Central

Exterior

General:
Brick Veneer, Wrought Iron Security Drs,Patio
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

Roofing:
Composition Shingles
General:
1, Slab

Location

County:
T.O. Fuller Park

Lot

Zoning:
082017 00037

Utilities

Water:
Public Water,Public Sewer
Sewer:
Public Water,Public Sewer

This listing courtesy of:
Reedy & Company, REALTORS

About Memphis, TN

Housing

Number of Units
296,697
Median Home Value
$154,311
Median Rent
$742

52.07% of housing units are renter occupied.

10.48% are vacant.

Commute

Car
82.14%
Public Transportation
1.16%
Walk to Work
1.09%
Work from Home
14.58%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
676,522
Median Age
35.70
Median Household Size
2.54

Education

High School
30.26%
Associate’s Degree
6.19%
Bachelor’s Degree
15.99%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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