Homes for sale - 5511 EMERALD HILLS DR, Memphis, TN 38115

Additional details

Eddie Aeschliman

nouseeddiewithexit@gmail.com +1(901) 860-3302

$140,000

Est. payment - /mo

3 Beds

2 Baths

1,199 SqFt

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UPDATED:

Key Details

Property Type Townhouse

Sub Type Attached Single Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1000-1199

Square Footage 1,199 sqft

Price per Sqft $116

Subdivision Bishops Gate Pd Area 2

MLS Listing ID 10200481

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1994

Annual Tax Amount $1,370

Lot Size 2,613 Sqft

Property Sub-Type Attached Single Family

Property Description

Cashflowing investment property with new roof and some systems update. Tenant in place (Do not disturb). This 3-bedroom, 2-bathroom, 1,200 square foot home offers a strong opportunity for both new and experienced investors. The property is tenant-occupied and generating rental income of over $1,100 per month. Please do not disturb the tenant. Recent updates include a new roof and improvements to key systems, providing long-term value and reduced maintenance concerns. Annual property taxes are approximately $1,300, and the home is priced about $20,000 below market value. With stable cash flow from day one and room for equity growth, this property is well-suited for any investor looking to expand or start their portfolio.

Location

State TN

County Shelby

Area Fox Meadows

Rooms

Master Bedroom 0X0

Dining Room 0X0

Kitchen Separate Living Room

Interior

Heating Central

Cooling Central

Flooring Part Carpet

Fireplaces Number 1

Exterior

Exterior Feature Brick Veneer

Parking Features Driveway/Pad

Pool None

Building

Lot Description Wood Fenced

Story 1

Others

Miscellaneous Wrought Iron Security Drs

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Listed by Terrance A Hill • eXp Realty, LLC

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Eddie Aeschliman

+1(901) 860-3302

Broker

5511 EMERALD HILLS DR Memphis, TN 38115

Eddie Aeschliman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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