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3725 Wax Myrtle Dr, Memphis, TN 38115

$108,000
  • 3725 Wax Myrtle Dr, Memphis, TN 38115 Main Photo

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Active
BEDS2 BATHS1 full 1 partial MLS#10210038
STATUSActive PROPERTY TYPEResidential - Townhouse SUBDIVISIONHEATHER RIDGE PH2 NEIGHBORHOODHickory Hill-HR Mall

Property Description

This property has a projected monthly rent of $975 ($11,700 annually), an estimated cash-on-cash return of 5.40%, and an expected monthly cash flow of $149.59. "all investment figures are estimates and verified independently by buyer" Well-positioned investment opportunity featuring a functional layout and solid bones. Recent updates enhance overall appeal, while the property remains in fair condition with visible wear consistent with age. Ideal for investors seeking to add value through cosmetic improvements and strategic upgrades. Conveniently located with strong rental and resale potential. Property offers strong long-term upside and is being sold As Is, presenting a value-add opportunity with some TLC needed. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

3725 Wax Myrtle Dr | MLS# 10210038

This townhouse located at 3725 Wax Myrtle Dr, Memphis, TN 38115 is currently listed for sale with an asking price of $108,000. This property was built in 1985 and has 2 bedrooms and 1 full and 1 partial baths. Wax Myrtle Dr is located in the HEATHER RIDGE PH2 subdivision. Search HEATHER RIDGE PH2 real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Townhouse
Cooling: Central
Fireplaces: 1
Heating: Central
Home Style: Traditional
Lot Size: 0.06 Acres
Year Built: 1985

Feature Descriptions

Bed and Bath: All Bedrooms Up
Days on Site: 153
Floors/ Ceilings: Part Hardwood, Tile
Living/ Dining Room: Separate Dining Room, Separate Living Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 5

Listed By / Shown By

Listed By

Agency Name: Foundation Property Management

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: MAAR MLS

Estimate Your Payment

Estimated Payment

$ 271.86 per month $240.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $31.50 Homeowner's Insurance

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