3741 FAXON AVE, Memphis, TN 38122
3741 FAXON AVE, Memphis, TN 38122
3741 FAXON AVE, Memphis, TN 38122
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$180,000
Est. payment /mo
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3 Beds
2 Baths
9,583 Sqft Lot
Price Dropped by $9K

3741 FAXON AVE Memphis, TN 38122

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Calvin Mathews

Calvin Mathews

+1(901) 489-1308

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision T A Lambss

MLS Listing ID 10215466

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1948

Annual Tax Amount $2,161

Lot Size 9,583 Sqft

Property Sub-Type Detached Single Family

Property Description

Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.

Location

State TN

County Shelby

Area Kingsbury

Rooms

Other Rooms Laundry Room

Master Bedroom 0x0

Bedroom 2 Level 1, Shared Bath, Smooth Ceiling, Vinyl/Luxury Vinyl Floor

Bedroom 3 Level 1, Shared Bath, Smooth Ceiling, Vinyl/Luxury Vinyl Floor

Dining Room 0x0

Kitchen Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen

Interior

Heating Central

Cooling Central

Flooring Part Carpet, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling, Other (See REMARKS)

Exterior

Exterior Feature Brick Veneer, Vinyl Siding, Aluminum Window(s)

Parking Features Driveway/Pad

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Some Trees, Level, Landscaped, Chain Fenced

Story 1

Foundation Conventional

Sewer Public Sewer

Water Public Water

Others

Miscellaneous Porch,Sidewalks

Listed by Jose Adan Leal Garcia • Fast Track Realty, LLC
NEARBY SCHOOL & BUSINESS

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Calvin Mathews

Calvin Mathews

Agent | License ID: 338760

+1(901) 489-1308

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3741 FAXON AVE