LUCRATIVE INVESTMENT OPPORTUNITY IN DESIRABLE NEIGHBORHOOD - TENANT-OCCUPIED PROPERTY WITH IMMEDIATE RETURNS!

Asking Price: $130,000
1460 Dardon Ave Memphis, TN Usa

About 1460 Dardon Ave:

Welcome to this exceptional investment opportunity located in an established and highly desirable neighborhood. This property offers a spacious and well-maintained 3-bedroom and 2-bathroom home, perfect for investors seeking a lucrative rental property. With a tenant already in place and a contract secured until April 30, 2024, this property promises immediate returns on your investment.

Situated in a sought-after neighborhood, this home benefits from its prime location. Residents enjoy easy access to schools, parks, shopping centers, and other essential amenities. Its proximity to major transportation routes ensures convenient commuting options for both tenants and owners.

The property boasts a professionally managed status, meaning you can rest assured knowing that all aspects of the property's upkeep and tenant management are handled by experienced professionals. This hands-off approach allows you to focus on the financial benefits of your investment without the added stress of day-to-day management responsibilities.

As this property is tenant occupied, we kindly request that you refrain from disturbing the tenants. However, you are more than welcome to drive by and observe the property from the exterior. The well-maintained exterior is a testament to the care provided to the property by both the tenants and the management team.

Upon entering the home, you will be greeted by a spacious and inviting living area. The open-concept design seamlessly integrates the living, dining, and kitchen areas, creating a fluid and functional space. Natural light floods the room through large windows, creating a warm and welcoming ambiance.

The kitchen is a chef's dream, featuring modern appliances, ample countertop space, and convenient storage options. Whether preparing a quick meal or hosting a dinner party, this kitchen is equipped to handle all your culinary needs.

The home offers three generously sized bedrooms, providing ample space for a growing family or accommodating multiple tenants. The master bedroom features an en-suite bathroom, providing privacy and convenience for its occupants. The additional bedrooms share a well-appointed bathroom, ensuring comfort and functionality for all residents.

Outside, the property offers a well-maintained yard, perfect for outdoor activities and relaxation. The spacious backyard provides plenty of room for children to play, pets to roam, or simply to enjoy the pleasant outdoor ambiance.

In addition to its attractive features, this property also presents a fantastic investment opportunity. With a tenant already in place and a contract secured until April 30, 2024, you can experience immediate cash flow from this income-generating property. The reliable and professionally managed tenancy ensures a hassle-free investment experience.

Don't miss out on this excellent investment opportunity. Secure your financial future with this tenant-occupied property. Contact us today to schedule a private viewing or to receive further information. Take advantage of this rare chance to own a well-maintained and lucrative rental property in a highly sought-after neighborhood.

This property also matches your preferences:

Features of Property

Type

Detached single family

Year Built

Built in 1960

Heating

Central

Other

Central air

Parking

1 Covered parking space

Lot

0.27 Acres

Buyers Agency Fee

3% buyers agency fee

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Features of Building

Bedrooms and bathrooms
Bedrooms

3

Bathrooms

2

Full bathrooms

2

PrimaryBedroom
Features

Hardwood Floor

Width

0

Bedroom2
Features

Hardwood Floor

Bedroom3
Features

Hardwood Floor

DiningRoom
Width

0

LivingRoom
Width

0

Flooring
Flooring

Hardwood, Tile

Heating
Heating features

Central

Cooling
Cooling features

Central Air

Interior Features
Interior features

All Bedrooms Up

Parking
Total spaces

1

Parking features

Driveway/Pad

Covered spaces

1

Has uncovered spaces

Yes

Property
Stories

1

Pool features

None

Exterior features

Other (See REMARKS)

Living area range

1000-1199 Square Feet

Lot
Lot size

0.27 Acres

Lot size dimensions

84X140

Lot features

Other (See Remarks)

Other property information
Parcel number

079105 00020

Type and style
Home type

SingleFamily

Architectural style

Traditional

Property subType

Detached Single Family

Material information
Construction materials

Brick Veneer

Roof

Composition Shingles

Condition
New construction

No

Year built

1960

Utility
Sewer information

Public Sewer

Water information

Public

Location
Region

Memphis

Subdivision

Whitehaven View 2nd Addn Blk A

Other financial information
Buyer agency compensation

3%

Other facts
Price Range

$130K - $130K

Property Agent

Africa Mccloy

Crye-Leike, Inc., REALTORS

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