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BEDS3
BATHS2 full
MLS#10215466
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONT A LAMBS
NEIGHBORHOODKingsbury
Property Description
Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Fenced: Yes
Heating: Central
Home Style: Traditional
Lot Size: 0.22 Acres
Roof Type: Composition Shingles
Year Built: 1948
Feature Descriptions
Additional Rooms: Laundry Room
Bed and Bath: 1 or More BR Down, Primary Down, Two Primaries, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Full Bath Down
Days on Site: 4
Exterior: Porch, Sidewalks
Exterior/ Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s)
Floors/ Ceilings: Part Carpet, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling, Other (See REMARKS)
Living/ Dining Room: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
Lot: Some Trees, Level, Landscaped, Chain Fenced
Master Bath: Smooth Ceiling, Tile Floor
Master Bedroom: Level 1,Level 2,Full Bath, Smooth Ceiling, Tile Floor, Carpet
Parking/ Storage: Driveway/Pad
Total Rooms: 5
Water/ Sewer: Public Water, Public Sewer
Listed By / Shown By
Listed By
Agency Name: Fast Track Realty, LLC
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 478.02 per month $422.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $55.39 Homeowner's Insurance
3741 Faxon Ave | MLS# 10215466
This single family home located at 3741 Faxon Ave, Memphis, TN 38122 is currently listed for sale with an asking price of $189,900. This property was built in 1948 and has 3 bedrooms and 2 full baths. Faxon Ave is located in the T A LAMBS subdivision. Search T A LAMBS real estate on www.clcommercialrealestate.com today.