Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.
| MLS # | 10215466 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 188 |
| Listing Provided By | Fast Track Realty, LLC | Jose Adan Leal Garcia |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| Story(s) | 1 |
| Acreage | 0.22 |
| Property View | Chain Fenced, Landscaped, Level, So |
| Number Of Rooms | 5 |
|---|---|
| Cooling | Central |
| Heating | Central |
| Roof | Composition Shingles |
|---|---|
| Foundation | Conventional |
| Lot Description | Chain Fenced, Landscaped, Level, Some Trees |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38122 |
| Area | Kingsbury |
| Subarea | 752E |
| Community Name | T A LAMBS |
| Listing VS Median (in T A LAMBS) | |
Price: $180,000 low | high Med: $0 On site: 188 low | high Med: | |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38122 |
| Area | Kingsbury |
| Subarea | 752E |
| Community Name | T A LAMBS |
| Listing VS Median (in T A LAMBS) | |
Price: $180,000 low | high Med: $0 On site: 188 low | high Med: | |
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