BEDS3
BATHS1 full
MLS#10195316
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCRUMP BROTHERS
Property Description
The property is leased at $1,195 per month through 3/31/2028, with a cash-on-cash return of 7.16% and a monthly cash flow of $256.47. Fully renovated rental property designed for durability and long-term performance. Key improvements include a new 30-year architectural roof, double-pane aluminum windows, and a recently installed water heater. Interior upgrades feature new hard-surface flooring, an updated kitchen with new countertops and fixtures, and a fully renovated bathroom with new tub and subway tile. Additional enhancements include fresh interior and exterior paint, updated lighting throughout, and completed crawl space and system repairs. Turnkey condition with strong rental potential and minimal deferred maintenance. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.16 Acres
Year Built: 1912
Feature Descriptions
Bed and Bath: All Bedrooms Down, Other (See Remarks)
Days on Site: 107
Exterior: Porch, Other (See REMARKS)
Exterior/ Windows: Brick Veneer, Other (See Remarks)
Floors/ Ceilings: Other (See REMARKS), Vinyl/Luxury Vinyl Floor
Lot: Some Trees
Parking/ Storage: Driveway/Pad
Total Rooms: 7
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Destin Westmoreland
Agent Phone: (662) 253-0808
Agency Title: Local Agency Realty Group
Estimate Your Payment
Estimated Payment
$ 872.52 per month $829.97 Principal & Interest $0.00 Property Tax (data not provided by mls) $42.55 Homeowner's Insurance
1531 Netherwood Ave | MLS# 10195316
This single family home located at 1531 Netherwood Ave, Memphis, TN 38106 is currently listed for sale with an asking price of $145,900. This property was built in 1912 and has 3 bedrooms and 1 full baths. Netherwood Ave is located in the CRUMP BROTHERS subdivision. Search CRUMP BROTHERS real estate on destin.localagencyrealty.com today.