3671 Barron Ave, Memphis, TN 38111

$172,000
  • 3671 Barron Ave, Memphis, TN 38111 Main Photo

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Active
BEDS4 BATHS2 full MLS#10220318
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONBARRON MANOR 1ST ADD

Property Description

Turnkey investment opportunity with strong projected rental potential at an estimated $1,570/month ($18,840 annually), offering solid upside for investors. Estimated monthly cash flow of $210.74 with a projected 5.11% cash-on-cash return (pro forma). Welcome to 3671 Barron Ave, a refreshed vacant 4BR/2BA home in the high-demand 38111 zip code. Features include hardwood flooring throughout, updated kitchen with shaker cabinetry, and a spacious, functional layout with well-sized bedrooms. Large fenced backyard ideal for outdoor use. Conveniently located near the University of Memphis, Memphis Botanic Garden, Audubon Park, dining, and major commuter routes. Seller offering closing cost or rate buy-down assistance with acceptable offer. VACANT ? Easy to show. No wholesalers, assignments, or creative financing. Financials available upon request.

3671 Barron Ave | MLS# 10220318

This single family home located at 3671 Barron Ave, Memphis, TN 38111 is currently listed for sale with an asking price of $172,000. This property was built in 1953 and has 4 bedrooms and 2 full baths. Barron Ave is located in the BARRON MANOR 1ST ADD subdivision. Search BARRON MANOR 1ST ADD real estate on www.localagencyrealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.18 Acres
Year Built: 1953

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 10
Exterior: Porch
Exterior/ Windows: Brick Veneer, Wood/Composition
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Living Room, Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 7

Listed By / Shown By

Listed By

Agency Name: Foundation Property Management

Shown By

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

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Estimated Payment

$ 1,028.61 per month $978.44 Principal & Interest $0.00 Property Tax (data not provided by mls) $50.17 Homeowner's Insurance

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