MEMPHIS, TN- TURNKEY
2 Beds / 1 Baths • 1,020 SqFt
Offer Submission Deadline
-
Single Family House -
2 -
1 -
1922 -
1020 -
1020
Description
- Turnkey Rental Opportunity – Tenant Occupied 961 Joseph Pl, Memphis, TN 38107
- Price: BRING OFFERS
- Monthly Rent: $850 Lease Ends: August 26, 2026 This turnkey property is fully tenant-occupied and generating steady income from day one. The current tenant pays $850/month on a one-year lease through August 2026 — offering strong, consistent cash flow with no vacancy risk. Highlights:Only 8 minutes from major St. Jude Hospital
- Low-maintenance investment, perfect for out-of-state owners
- Long-term tenant in place
- Cash flow ready from day one
- Located in a strong rental area of Memphis
PICTURE: https://photos.app.goo.gl/FC8xCWCzqwt1gmJu7
This is a hands-off investment with great proximity to employment hubs and medical centers — perfect for investors seeking stability and passive income.
Estimated Spread
- ARV $120,000
- Price $95,000
- Spread $25,000
