749 Archie Dr

Memphis, TN 38127
image0

4 bd, 1 ba | 1,034 sqft | Built in 1972

Sold

Exclusive

List Price
$115,000

Initial Investment

$31,338
Pre-approval letter or proof of funds required.
Features

Occupancy

Occupied

Lease Start

12/03/2021

Lease End

12/31/2022

Lot Size

7,200

HOA

None

Flood Risk

Not Required

  • Get more insight into this market here
  • Big backyard
  • Eat-in kitchen
  • Updated electrical work throughout
  • Plumbing updates
December 2020 Improvements:
*New Owens-Corning 30 year roof
  • All new interior Sherwin Williams paint
  • New ADT Security System
  • New Air Conditioning condenser/new furnace and A-coil
and many more. Please contact a representative for a complete list of improvements from Dec. 2020
See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$11,115

Expenses

-$2,805

Property Taxes

-$1,600

Loan Payments

-$4,941

Net Cash Flow

$1,769

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings