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Detached Single Family, Traditional - Memphis, TN
Terrific deal. You can buy this Midtown home at a GREAT PRICE for the area and start generating income from it day one, WHILE living there! This property features a super charming 3 bedroom 1 bathroom home and a RARE additional detached studio apartment (ADU). The main house features newer appliances, a huge kitchen, a great layout and adorable design. The roof & HVAC were replaced in 2021 and a new sewer line was installed in 2022. The separate studio apartment has a sleeping area, living area, kitchenette & bath plus laundry! Both units can be sold fully furnished and are in great shape! Currently operated as an AirBnb this could be a great opportunity for an owner occupant or an investor. Live in Main House & rent apartment to guests & have them pay your mortgage! Excellent House Hack Option; grossed $59K in rental income in 2023!
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