$98,500
$116,900
15.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
1.1 Baths
1,199 SqFt
SOLD DATE : 03/03/2023
Key Details
Sold Price $98,500
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1000-1199
Square Footage 1,199 sqft
Price per Sqft $82
Subdivision Royal Ridge Blk A
MLS Listing ID 10138915
Sold Date 03/03/23
Style Traditional
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1973
Annual Tax Amount $1,009
Lot Size 7,840 Sqft
Property Description
Great opportunity in Raleigh for a 4-bedroom investment! The house just had $7,500 in rent ready, along with a new condenser installed when tenant moved in in August. Occupied for $1,131, MHA/Sec. 8. Tenant is current, lease ends 8/31/2023. Get in on Raleigh while it's still affordable and rents/values are rising! This is one of the hottest investment areas in Memphis for a reason. Buyer to verify all facts, no showings until accepted contract. No assignable offers or seller-financing.
Location
State TN
County Shelby
Area Egypt Central
Rooms
Master Bedroom 13x11
Bedroom 2 11x9 Level 1, Shared Bath
Bedroom 3 10x9 Level 1, Shared Bath
Bedroom 4 10x9 Level 1, Shared Bath
Dining Room 0x0
Kitchen Eat-In Kitchen, Separate Living Room, Washer/Dryer Connections
Interior
Interior Features Smoke Detector(s)
Heating Central
Cooling Central
Flooring Part Carpet
Equipment Range/Oven, Disposal, Dishwasher
Exterior
Exterior Feature Brick Veneer
Garage Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Some Trees, Level
Story 1
Foundation Slab
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Cali Neal • KAIZEN Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "