The Story

511 Cambridge Avenue

Memphis, TN 38106 · Home

Solid brick single-family home built in 2007, offered as a turnkey investment property in a stable Memphis rental pocket. This 3 bedroom, 2 bath home is currently tenant-occupied with a paying tenant in place at $650/month, delivering immediate cash flow from day one — no vacancy period, no lease-up risk. Ideal for the buy-and-hold investor looking to add a stabilized asset to their portfolio without interruption to rental income. Lease is m2m Newer (2007) brick construction keeps maintenance and insurance costs favorable long-term compared to older SFR stock. Tenant is current and in place; property will not be shown until an offer is accepted — sale is subject to the existing lease, and the tenant will remain in place at closing. Serious, qualified investment buyers only. No creative financing


Facts & Features

Property Info

Price
$59,900
Completion Year
2,007
Floors
1
Bedrooms
3
Bathrooms
2

Features & Amenities

Cooling

Central Air

Heating

Central

Roof

Composition, Shingle

Lot Information

Level

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Listing Broker

Renshaw Company, REALTORS

Broker Name

Renshaw Company, REALTORS

Agent

Caleb Parr

Location

Memphis TN 38120