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$279,900
4 Beds
- 2 Baths
2 full baths
2,064sqft
1416 Marcia Rd, Memphis, TN 38117
$279,900
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Single Family Residence
Built in 1952
$-- HOA
8,712 sqft lot
$136/sq.ft
Description
This property is leased at $2,100 per month through 04/30/2028, with a cash-on-cash return of 5.33% and a monthly cash flow of $339.94. Extensively renovated and built for long-term performance, this property offers strong rental appeal with major system upgrades and modern finishes. Key improvements include a new 4-ton HVAC system, updated kitchen with quartz countertops, new cabinetry and fixtures, and fully renovated bathrooms with new tile, vanities, and tubs. Flooring has been refreshed with refinished hardwoods and LVP, complemented by fresh interior and exterior paint. Additional enhancements include a newer roof, new water heater, updated lighting, and exterior i...
Continue ReadingProperty Details
Status
Pending
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1952
HOA Fees
-
Finished Area
2,064 sqft
Lot Size
8,712 sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10220330
MLS Status
Pending
Days on Market
54
Cumulative Days on Market
-
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