5
See all 5 photos
$150,000
Est. payment /mo
2 Beds
1 Bath
10,018 Sqft Lot
Active
1180 RUSSWOOD RD Memphis, TN 38122
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Rendale
MLS Listing ID 10229080
Style Traditional
Bedrooms 2
Full Baths 1
Year Built 1953
Annual Tax Amount $1,571
Lot Size 10,018 Sqft
Property Sub-Type Detached Single Family
Property Description
Great investment opportunity in an established Memphis neighborhood. This 4 sided brick home was built in 1951 on a spacious 0.24 acre lot and was fully renovated turnkey in 2022, giving investors a truly ready asset with none of the guesswork. Currently rented for instant cash flow, with rent roll available upon request. Enjoy a beautiful screened in patio, perfect for relaxing evenings, along with a detached shop in the back offering extra storage or workspace. Ideal for any investor seeking a hands off, income producing property. Conveniently located off Macon Rd with easy access to shopping, dining, and commuter routes, supporting long term rental demand and tenant retention. Professional local management is already in place, making this a truly hands off investment from day one.
Location
State TN
County Shelby
Area Berclair
Rooms
Master Bedroom 15*12
Dining Room 0*0
Kitchen Separate Living Room, Vinyl/Luxury Vinyl Floor, W/D Connection in Kitchen, Washer/Dryer Connections
Interior
Heating Central
Cooling Central
Flooring Vinyl/Luxury Vinyl Floor
Exterior
Exterior Feature Wood/Composition
Parking Features Driveway/Pad, Front-Load Garage
Garage Spaces 1.0
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Porch,Covered Patio
Listed by Bradley Puckett • Reedy & Company, REALTORS
NEARBY SCHOOL & BUSINESS
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