3206 Ladbrook Rd Memphis, TN 38118 Sold

  • $42,500
  • 3 beds
  • 1.5 baths
  • 1,711 sqft
Sold

Great Buy and Hold opportunity right in the 38118 zip. This home is an equity buy and a great cash flow buy. Home is worth 78,000 as is on the open market. Needs no repairs as of now. Section 8 tenants in place at $700 a month. Brings in an annual $8,400 a year. The cap rate for the property is 15%. Great investment. Great opportunity. Contact us today to make this asset yours.

Pictures Here:

https://www.dropbox.com/sh/5d5f28af7qit5jh/AADhSbe3YSD1PyiITzX3SKX9a?dl=0

Price:
$42,500
Address:
3206 Ladbrook Rd
Memphis, TN 38118
Square Feet:
1,711
Lot Size:
0.29
Bedrooms:
3
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1958

Call (901) 239-3970 for more details

Property Location