1184 SAXON AVE, Memphis, Tennessee, United States, 38106
75,000
for Sale
2
1
About the property:
BACK ON THE MARKET THROUGH NO FAULT OF THE SELLER OR THE PROPERTY Make this your first rental or add this to your existing rental portfolio! This property would be perfect for a DSCR loan and it meets the 1% rule that most investors look for. The tenant pays $1000 per month (Section 8) - $796 is paid by MHA and $204 is paid by the tenant. Tenant has been in the property three years now and wants to stay. The lease was up 7/31/2026 and the tenant is now month to month. The home was updated a few years ago and the roof is 2 years old, furnace is 5 years old. This home is located minutes from LeMoyne Owen College, Stax Museum, Midtown and Downtown. Call for more information! No seller financing offers or wholesalers. (The interior pictures in MLS were taken before the tenant moved in)
- Property Type:
- Detached Single Family
- Status:
- for Sale
- House Style:
- Traditional
- Bedrooms:
- 2
- Bathrooms:
- 1
- Full Bathrooms:
- 1
- Acres:
- 0.17
- Square Feet:
- 999
- Area:
- Central Gardens
- Central A/C:
- Yes
- Central A C Details:
- Ceiling Fan(s), Window Unit(s)
- Water:
- Gas Water Heater
- Fireplace:
- Decorative Only
- Heating:
- Central
- Exterior:
- Brick Veneer, Other (See Remarks)
- Miscellaneous:
- Other (See REMARKS), Range/Oven
- Cross Street:
- SAXON
- Directions:
- From west on S Parkway E, make a right on Bellevue, cross over E McLemore and make a left on Saxon. Home is on the right. No sign in the yard and please do not disturb the tenant.
- Association Fee:
- 0
- Is Fireplace:
- Yes
- Listing ID:
- 10228607
Rooms
Dimensions
Brokered by:
Fast Track Realty
Presented By: