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5693 Myers Rd

Memphis, TN 38115
  • $179,900
  • STATUS: Active
  • ON SITE: 88 Days
  • MLS #: 10181003
UPDATED: 18 min ago
$179,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Description

This cash-flowing duplex would be the perfect addition to a rental portfolio. Both sides currently occupied. Market rent is $1,200 each side for $2,400/month total. Priced well below the 1% rule, this property would be cash flow positive from day 1. Additional pictures available on request. No showings until accepted contract.

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© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-12-09T18:03:13.047.
www.gowenpropertygroup.com/homes/155027620
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5693 Myers Rd Memphis, TN 38115

  • Price: $179,900
  • Status: Active
  • On Site: 88 Days
  • Updated: 18 min ago
  • MLS #: 10181003
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1973
Built
Neighborhood:
Heritage Colony 1St Add Blk B
County:
Shelby
Area:
Hickory Hill/H.R. Mall
Property Description
This cash-flowing duplex would be the perfect addition to a rental portfolio. Both sides currently occupied. Market rent is $1,200 each side for $2,400/month total. Priced well below the 1% rule, this property would be cash flow positive from day 1. Additional pictures available on request. No showings until accepted contract.
Exterior Features

Covered Parking Spaces 0 Exterior And Windows Other (See Remarks) Lot Description Other (See Remarks) Lot Size 80X139 Parking Other (See REMARKS) Parking Display 0 Pool Description None Style Other (See REMARKS)

Interior Features

Cooling Other (See Remarks) Floors And Ceilings Other (See REMARKS) Heating Other (See Remarks) Hot Water Other (See REMARKS) Unit1 LR/DR Combination Unit1 Bedrooms 2 Unit1 Den Dimensions 0x0 Unit1 Dining Room Dimension 0x0 Unit1 Full Baths 1 Unit1 Half Baths 1 Unit1 Living Room Dimension 0x0 Unit1 Primary Dimension 0x0 Unit1 Total Baths 1.1 Unit2 LR/DR Combination Unit2 Bedrooms 2 Unit2 Den Dimension 0x0 Unit2 Dining Room Dimension 0x0 Unit2 Full Baths 1 Unit2 Half Baths 1 Unit2 Living Room Dimension 0x0 Unit2 Primary Dimension 0x0 Unit2 Total Baths 1.1

Property Features

Annual City Tax 678 Annual County Tax 850 Duplex Type Built as Duplex Legal Subdivision Name HERITAGE COLONY 1ST ADDN REV BLK B Lot Number 214 New Financing Other (See Remarks) Type Of Leases Other (Call LA) Warranty And Possession Addendums Possession at Closing

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Keller Williams: 901-261-7900.



© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-12-09T18:03:13.047.
 
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5847 Getwell Rd, Bldg B1
Southhaven MS, 38672