1229 SW JAMES ST W, Memphis, TN 38106

$80,000 Asking Price

3 beds
1 bath
Built in 1926

Income Property Cash,CONV & or partial Owner's Financing Owner/Agent. Home Warranty can be pass to buyer. 2 mins fm STAX .06m Near Downtown & Midtown This property features four bedrooms, screened-in porch, showcasing hardwood floors & a newly renovated bathroom, providing a solid foundation for investment. The property presents significant potential for generating substantial rental income and experiencing long-term appreciation. Its versatility makes it an attractive opportunity for investors seeking to optimize their returns. Please be advised that the property is currently TENANT--OCCUPIED; therefore, it is imperative NOT to disturb the tenants. Showings will only be permitted with an accepted offer. The property is being sold in an "AS-IS" condition with no contingencies. Should you wish to proceed, drive-bys are welcome. Once an offer is accepted, arrangements will be made for you to inspect the interior of the property. The property is currently rented for $1,000.00 per month.

Features & Amenities

Interior

General:
Excl Some Window Treatmnt,Permanent Attic Stairs,Walk-In Attic,Security System,Smoke Detector(s),Common Basement
Rooms:
7
Master Bath:
Tile Floor
Flooring:
Part Hardwood,Part Carpet,Vinyl/Luxury Vinyl Floor,Textured Ceiling,9 or more Ft. Ceiling
A/C:
Central,Ceiling Fan(s)
Heating:
Central,Gas,Electric
Fireplace:
Masonry,In Primary Bedroom, Fireplaces: 1
Disability Feature:
Grab Bars,Ramp

Exterior

General:
Aluminum/Steel Siding,Aluminum Window(s),Storm Door(s), Wrought Iron Security Drs,Screen Porch,Sidewalks
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

Roofing:
Composition Shingles
General:
1, Conventional,Partial Basement

Location

County:
South Memphis/Glenview

Lot

Zoning:
026025 00017

Utilities

Water:
Gas Water Heater
Sewer:
Gas Water Heater

This listing courtesy of:
BHHS Taliesyn Realty

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.

Similar Homes

Message

Interested in this home?

Request more information: