1072 N Evergreen St, Memphis, TN 38107

$225,000
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Active
BEDS4 BATHS2 MLS#10217651
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEVERGREEN

Property Description

Cash-flowing duplex in the sought-after Volintine Evergreen Historic District ? live in one unit while the other helps cover your mortgage, or hold both as a turnkey investment. Each unit offers 2 bedrooms, 1 bath, and a functional layout, and both are now leased on new 1-year terms, delivering immediate, documented rental income from day one ? $1,950/month combined. Approx. $30K+ in recent improvements ? including HVAC ductwork, sewer line replacement, foundation reinforcement, exterior paint, and electrical updates ? reduce near-term capital needs and add confidence for buyers and lenders alike. VA buyers may qualify using the second unit's actual, signed-lease rental income. Conveniently located near major roadways, schools, and everyday amenities. May be part of a larger multifamily portfolio ? contact listing agent for details.

1072 N Evergreen St | MLS# 10217651

This multi-family property located at 1072 N Evergreen St, Memphis, TN 38107 is currently listed for sale with an asking price of $225,000. Search Memphis real estate on www.localagencyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Heating: Central
Roof Type: Composition Shingles
Stories: 2.0
Year Built: 1948

Feature Descriptions

Appliances: Refrigerator, Range/Oven (Freestanding), Smoke Detector(s)
Days on Site: 114
Exterior/ Windows: Wood/Composition
Floors/ Ceilings: Part Hardwood, Wood Laminate Floors, Tile
Interior: Cable Available
Lot: Level, Some Trees
Parking: Driveway/Pad

Listed By / Shown By

Listed By

Agency Name: Real Estate Agency

Shown By

Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808

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Estimated Payment

$ 1,416.67 per month $1,351.05 Principal & Interest $0.00 Property Tax (data not provided by mls) $65.63 Homeowner's Insurance

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