ATTENTION INVESTORS!! Fully renovated, turnkey income-producing asset with tenant in place. Generating $1,395/month in cash flow through 4/28/2027 with a strong 5.82% cash-on-cash return. Financials available upon request Major improvements include a new 30-year architectural roof, new HVAC system (condenser and furnace), new 40-gallon water heater, and a fully updated kitchen with new cabinets, countertops, and fixtures. Both bathrooms have been fully renovated with new tile, vanities, tubs, and fixtures. Additional upgrades include new LVP/tile flooring, fresh interior paint, smart locks, updated lighting, and exterior improvements. Spacious 3BR/2BA layout with strong tenant stability and low-maintenance performance, positioned for consistent returns. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Kathryn Garland
Agent Phone: (901) 644-8751
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 397.72 per month $351.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $46.08 Homeowner's Insurance
3108 Mensi St | MLS# 10220371
This single family home located at 3108 Mensi St, Memphis, TN 38127 is currently listed for sale with an asking price of $158,000. This property was built in 1950 and has 3 bedrooms and 2 full baths. Mensi St is located in the ALTA VISTA (NORTH) 4TH ADD subdivision. Search ALTA VISTA (NORTH) 4TH ADD real estate on www.kathryngarland.com today.