I have 3 single family homes that have been converted into rooming houses. Tenants have been in place for 5 years and pay faithfully. This is a good deal for someone coming in to make great cash flow with buy and hold. There is opportunity for additional cash flow if buyer wants to add additional bedrooms. The current monthly cash flow of all (3) properties combined is $12,520(before expenses). Only serious buyers will be considered. POF and LOI must be provided before properties will be shown.
Off market
$15,200
797 Marianna St, Memphis, TN 38114
3beds
1baths
900sqft
SingleFamily
Built in 1942
5,967 Square Feet Lot
$-- Zestimate®
$17/sqft
$977 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Other
Features
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 900 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 5,967 sqft
Details
- Parcel number: 06103700002
Construction
Type & style
- Home type: SingleFamily
Materials
- Other
- Foundation: Crawl/Raised
- Roof: Composition
Condition
- Year built: 1942
Community & neighborhood
Location
- Region: Memphis