2809 BYRD AVE, Memphis, TN 38114

$67,500 Asking Price

3 beds
1 bath
Built in 1953

Tenant occupied! Need Approval. Currently on a month-to-month lease, the tenant pays $700/month in rental income. The roof is 13 years old, & the HVAC system is 10 years old, both in working condition. The property is in average rental shape and will require basic paint and cleanup after tenant turnover to maximize its potential. The seller prefers to keep the tenant in place for a seamless transition but is open to negotiations. With room to increase rents, excellent opportunity for investors to enhance returns. Quiet, stable street, 3-bedroom, 1-bath brick, Just under ~ 1 k Sqft. of living space on a 3,411 sq. ft. lot, offering great potential for rental or owner-occupancy. Gas stove, iron windows/door Sold As IS. For showings, schedule through the MLS Broker Bay & wait for the approval, the tenant needs a few days notice! The are delayed! Request our "Offers" link to submit offers prior to writing contract!

Features & Amenities

Interior

General:
Pull Down Attic Stairs,Smoke Detector(s),Monitored Alarm
Rooms:
5
Appliances:
Range/Oven,Satellite Dish
Flooring:
Wood Laminate Floors
A/C:
Window Unit(s)
Heating:
Other (See REMARKS)

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:
Pendleton/Park

Lot

Zoning:
059033 00014

Utilities

Water:
Electric Water Heater
Sewer:
Electric Water Heater

This listing courtesy of:
Integrated Assets

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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