2974 WAVERLY AVE, Memphis, TN 38111
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2974 WAVERLY AVE, Memphis, TN 38111
2974 WAVERLY AVE, Memphis, TN 38111
2974 WAVERLY AVE, Memphis, TN 38111
2974 WAVERLY AVE, Memphis, TN 38111
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Frank Warren

Frank Warren

+1(901) 212-5350
$ 145,000
Est. payment /mo
Save
Active

2974 WAVERLY AVE Memphis, TN 38111

3 Beds

1 Bath

999 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 800-999

Square Footage 999 sqft

Price per Sqft $145

Subdivision F P Mcdonald Lake

MLS Listing ID 10203706

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1925

Annual Tax Amount $520

Lot Size 5,662 Sqft

Property Sub-Type Detached Single Family

Property Description

ATTENTION INVESTORS!! Fully renovated, turnkey income-producing asset with tenant in place. Generating $1,175/month in cash flow through 3/12/2028 with a strong 6.25% cash-on-cash return. Major improvements include a new 30-year architectural roof, new 3-ton HVAC system with updated ductwork, upgraded electrical with new breaker panel, and new plumbing with a 30-gallon water heater. Interior features a fully redesigned kitchen with new cabinets, countertops, and fixtures, plus a renovated bathroom with new tub, tile, and vanity. Additional upgrades include LVP/tile flooring, fresh interior/exterior paint, smart locks, and new windows. Extensively updated for long-term durability and low-maintenance rental performance. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

Location

State TN

County Shelby

Area Pendleton/Park

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Other (See Remarks)

Interior

Heating Other (See REMARKS)

Cooling Other (See REMARKS)

Flooring Other (See REMARKS)

Exterior

Exterior Feature Vinyl Siding

Parking Features Driveway/Pad

Garage Spaces 1.0

Pool None

Private Pool Yes

Building

Lot Description Level

Story 1

Sewer Public Sewer

Water Public Water

Others

Miscellaneous Other (See REMARKS)

Listed by James C Wachob • Foundation Property Management
Frank Warren

Frank Warren

Broker

+1(901) 212-5350

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2974 WAVERLY AVE