BEDS3
BATHS1 full
MLS#10221846
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONLOUIS MILLERS CHEROKEE AVE
NEIGHBORHOODSouth Memphis-61 Hwy
Property Description
Turnkey investment opportunity with projected rent of $1,075/month ($12,900 annually). Estimated monthly cash flow of $530.79 with a projected 31.45% cash-on-cash return. Professionally managed and ready for your next tenant. 799 Cherokee Ave features hard surface flooring throughout, a bright living area, upgraded kitchen with shaker cabinets, central heat and air, and a large fenced backyard. Strong rental appeal with durable, low-maintenance features. Property needs TLC and is being sold AS IS. Seller will not connect utilities. NO WHOLESALERS, ASSIGNMENTS, OR CREATIVE FINANCING.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.17 Acres
Year Built: 1958
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 11
Exterior: Patio
Exterior/ Windows: Wood/Composition
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Living Room, Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 6
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Jimmie Kay Finch
Agent Phone: (901) 481-1208
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 138.45 per month $122.41 Principal & Interest $0.00 Property Tax (data not provided by mls) $16.04 Homeowner's Insurance
799 Cherokee Ave | MLS# 10221846
This single family home located at 799 Cherokee Ave, Memphis, TN 38106 is currently listed for sale with an asking price of $55,000. This property was built in 1958 and has 3 bedrooms and 1 full baths. Cherokee Ave is located in the LOUIS MILLERS CHEROKEE AVE subdivision. Search LOUIS MILLERS CHEROKEE AVE real estate on jimmiekayfinch.crye-leike.com today.