1624 Mary DrMemphis, TN 38111

Description

Contact 9018319661 for showings. Occupied rental generating $1,075/month — $12,900 annually — with the lease in place through 5/10/2028. Nearly two years of secured income for the next owner. Water heater is approximately 2 years old and the roof is approximately 8 years old, leaving useful life on both. A straightforward addition to a rental portfolio or a solid first investment purchase. Sold subject to the existing lease. One of six investment properties available from the same seller: 3133/35 Nathan Ave (38112), 3239 Nathan Ave (38112), 1624 Mary Dr (38111), 2933 N Radford (38114), 4498 Suncrest (38127), 821 Carol Ann (38127). Buy individually or as a package.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Traditional

Year built

1952

Stories

1

Building area

1,090 Sq Ft

Lot size

0.17 acres

Garage spaces

1

Parking spaces

1

Days on market

46

MLS^® Listing#

10229336

Property Features

Cooling

Window Unit(s)

Heating

Central

Pool

None

Parking

Driveway

Fencing

Wood

Lot features

Wooded

Construction

Brick Veneer

Financial Details

Annual taxes

$1,162

Parcel number

058021 00034

Directions

From Park Ave, S on Getwell Rd approx. 1 mi. R on Kimball Ave, L on Robin Hood Ln, R on McDuff Ave which bends left and becomes Mary Dr. Property on left, east side of Mary Dr between Sturgeon Ave and Sharpe Ave.