5995 Lofty Oak Rd Unit 5995, Memphis, TN 38115

$148,000 Asking Price

3 beds
2 baths
Built in 1975

GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2025. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached garage, attached storage room and much more! HOA = $200/month. Showings only with accepted offer.

Features & Amenities

Interior

Rooms:
6
Flooring:
Part Carpet
A/C:
Central
Heating:
Central
Fireplace:
Fireplaces: 1

Exterior

General:
Other (See Remarks), Patio
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 2

Construction

General:
2

Location

HOA Amenities:
Other (See REMARKS)
County:
Fox Meadows

Lot

Zoning:
093106 D00058

This listing courtesy of:
KAIZEN Realty, LLC

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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