BEDS3
BATHS1 full
MLS#10203706
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONORANGE MOUND
Property Description
ATTENTION INVESTORS!! Fully renovated, turnkey, professionally managed in-house, income-producing asset with tenant in place. Currently leased at $1,175/month, generating $222.65/month in cash flow through 3/12/2028 with a strong 6.25% cash-on-cash return. Financials available upon request. Major improvements include a new 30-year architectural roof, new 3-ton HVAC system with updated ductwork, upgraded electrical with new breaker panel, and new plumbing with a 30-gallon water heater. Interior features a fully redesigned kitchen with new cabinets, countertops, and fixtures, plus a renovated bathroom with new tub, tile, and vanity. Additional upgrades include LVP/tile flooring, fresh interior/exterior paint, smart locks, and new windows. Extensively updated for long-term durability and low-maintenance rental performance. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
Property Features
Property Type: Residential - Single Family
Home Style: Traditional
Lot Size: 0.13 Acres
Year Built: 1925
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 290
Exterior/ Windows: Vinyl Siding
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 8
Water/ Sewer: Public Sewer, Public Water
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808
Estimate Your Payment
Estimated Payment
$ 867.14 per month $824.85 Principal & Interest $0.00 Property Tax (data not provided by mls) $42.29 Homeowner's Insurance
2974 Waverly Ave | MLS# 10203706
This single family home located at 2974 Waverly Ave, Memphis, TN 38111 is currently listed for sale with an asking price of $145,000. This property was built in 1925 and has 3 bedrooms and 1 full baths. Waverly Ave is located in the ORANGE MOUND subdivision. Search ORANGE MOUND real estate on www.localagencyrealty.com today.