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907 Meagher St, Memphis, TN 38108

$120,000
  • 907 Meagher St, Memphis, TN 38108 Main Photo

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Pending
BEDS3 BATHS2 MLS#10228431
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJackson Ave NEIGHBORHOODVollintine-Northside

Property Description

Fully Occupied Brick Duplex at 907/909 Meagher ? $1,400/mo Gross Income-producing all-brick duplex with both sides occupied, delivering immediate cash flow for investors. The property offers a flexible unit mix: one side is a 2 bedroom / 1 bathroom and the other is a 1 bedroom / 1 bathroom, appealing to a range of tenant needs. The units are currently rented at $650/month and $750/month, for a combined gross of $1,400/month ($16,800/year). Both units feature central heat and air, and the solid brick construction means lower ongoing maintenance and strong durability ? a combination investors value for long-term holds. With both sides leased, there's no lease-up period, plus potential upside as leases turn and rents move toward market. A straightforward, stabilized addition to any rental portfolio. Please note: No showings without an accepted offer No seller financing or creative financing ? cash or conventional financing only

907 Meagher St | MLS# 10228431

This multi-family property located at 907 Meagher St, Memphis, TN 38108 is currently listed for sale with an asking price of $120,000. Search Vollintine-northside real estate on jbj.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Heating: Central
Roof Type: Composition Shingles
Stories: 1.0
Year Built: 1955

Feature Descriptions

Days on Site: 18
Exterior/ Windows: Brick Veneer
Lot: Level

Listed By / Shown By

Listed By

Agency Name: Renshaw Company, REALTORS
Agency Phone: 901-820-4367

Shown By

Agent Name: Jenny Burke Janda
Agent Phone: (901) 237-3557
Agency Title: Crye-Leike Real Estate Services

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Source: MAAR MLS

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Estimated Payment

$ 302.07 per month $267.07 Principal & Interest $0.00 Property Tax (data not provided by mls) $35.00 Homeowner's Insurance

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