ATTENTION INVESTORS!! 3166 Mensi St is a fully renovated turnkey 3BR/1.5BA, 1,589 SF investment property. With a tenant in place renting at $1,395/month, a 6.01% cash-on-cash return, and a stable cash flow of $226.34/month, this asset delivers immediate income with minimal maintenance concerns. Lease in place through June 14, 2027, providing long-term stability. Major improvements include a NEW architectural roof (<1 year old), NEW HVAC system (condenser and furnace), full interior and exterior renovation with fresh paint, trim, doors, and lighting, a completely updated kitchen with new cabinets, countertops, sink, and fixtures, and fully renovated bathrooms featuring new tile, vanities, tubs, and toilets. Additional upgrades include new flooring throughout (tile/LVP), a new 40-gallon water heater, select new windows, and smart lock entry for added durability and efficiency. No wholesalers, assignments, or creative financing! Owner/Agent
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808
Estimated Payment
$ 926.35 per month $881.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $45.18 Homeowner's Insurance
3166 Mensi St | MLS# 10220379
This single family home located at 3166 Mensi St, Memphis, TN 38127 is currently listed for sale with an asking price of $154,900. This property was built in 1956 and has 3 bedrooms and 1 full and 1 partial baths. Mensi St is located in the ALTA VISTA (NORTH) 4TH ADD subdivision. Search ALTA VISTA (NORTH) 4TH ADD real estate on www.localagencyrealty.com today.