3725 Wax Myrtle Dr
Memphis, TN 38115
- 2 beds
- 1.5 baths
- – sqft
- 1985 build
- – on site
Investor Opportunity – 3725 Wax Myrtle Dr., Memphis, TN This 2-bedroom, 1.1-bath condo is a fantastic addition to any investment portfolio, offering instant cash flow with a tenant already in place. Leased through 10/31/2025 at $975/month, this property provides steady income from day one. The well-maintained interior features a spacious living and dining area, a functional kitchen with ample cabinet space, and two generously sized bedrooms. A full bathroom upstairs and a convenient half-bath downstairs cater to tenant comfort. Outside, the private patio offers a relaxing outdoor space. Located in a desirable Memphis neighborhood near shopping, dining, and major highways, this property is perfect for investors looking to expand their portfolio with minimal hassle. Don’t miss this opportunity—schedule your viewing today!
Last checked:
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Last updated Dec 16, 2024
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MLS# 10185618 —
The Building
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Construction Status:Existing Property
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Style:Traditional
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Type:Attached Single Family
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Exterior/Windows:Wood/Composition
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Detached Unit Type:General Residential
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Attached Unit Type:Other
Interior
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Living/Dining/Kitchen:Separate Dining Room
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Floors/Ceilings:Part Carpet
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Additional Bed/Bath Info:All Bedrooms Down
Financial & Terms
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Warranty/Possible Addenda:Tenants Rights
Location
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Map Coordinate:A
The Property
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Area:785A
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Acres:0.06
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Lot #:61
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Lot Size:27 Sqft
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Lot Description:Level
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Miscellaneous Exterior:Porch
Listing Agent
- Contact info:
- Agent phone:
- (901) 459-2996
- Office phone:
- (901) 633-1484
Heating & Cooling
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Heating:Central
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Cooling:Central
The Community
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Neighborhood Association:None
Parking
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Parking/Storage:Driveway/Pad
Monthly cost estimate
Asking price
$115,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$615
|
| Taxes | $75 |
| Insurance | $31 |
| Utilities | N/A |
| Total | $721/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/21/24
Nov 21, 2024
|
Listed / Active | MAARMLS | $115,000 |
