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949 W RAINES RD Memphis, TN 38109
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Key Details
Sold Price $47,000
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1400-1599
Square Footage 1,599 sqft
Price per Sqft $29
Subdivision Chickasaw Village 7Th Addn
MLS Listing ID 10058987
Sold Date 10/04/19
Style Traditional
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1969
Annual Tax Amount $1,056
Lot Size 0.420 Acres
Property Description
VERY NICE INCOME PROPERTY WITH SECTION 8 TENANT IN PLACE. CURRENT RENT IS $816/MONTH. POTENTIAL CAP RATE OF 16.5%. SELLER RECENTLY COMPLETED $9000 IN REPAIRS THIS YEAR. CALL TODAY TO ADD THIS PROPERTY TO YOUR RENTAL PORTFOLIO.
Location
State TN
County Shelby
Area Coro Lake
Rooms
Master Bedroom 12X14
Dining Room 12X12
Kitchen Great Room
Interior
Heating Central, Electric
Cooling Central
Flooring Part Carpet
Exterior
Exterior Feature Brick Veneer
Garage Driveway/Pad
Garage Spaces 1.0
Pool None
Building
Lot Description Level, Corner
Story 1.5
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Christopher Mosby • Vinebrook Homes Realty
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