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$ 82,500
Est. payment | /mo
3 Beds
1 Bath
6,534 Sqft Lot
$ 82,500
Est. payment | /mo
3 Beds
1 Bath
6,534 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Pending
Purchase Type For Sale
Subdivision Chickasaw Village 2Nd Addn
MLS Listing ID 10216933
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1952
Annual Tax Amount $962
Lot Size 6,534 Sqft
Property Sub-Type Detached Single Family
Property Description
Investor resale opportunity with tenant in place paying $995/month ($11,940 annually). Estimated cash flow of $290.91/month with a projected 12.87% cash-on-cash return. Professionally managed and ideal for investors seeking immediate income. 4355 Melwood Street features 3 bedrooms, 1 bath, hard surface flooring throughout, central heat and air, updated shaker-style kitchen cabinets, range and vent-a-hood, and a large fenced backyard. Low-maintenance finishes and strong tenant appeal support long-term stability. Tenant occupied—lease details available upon request. Financials available upon request. NO WHOLSALERS, ASSIGNMENTS, OR CREATIVE FINANCING. DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Location
State TN
County Shelby
Area Coro Lake
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Dining Room, Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Hardwood Throughout
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Porch
Listed by James C Wachob • Foundation Property Management
NEARBY SCHOOL & BUSINESS