Turnkey investment opportunity with tenant in place paying $900/month ($10,800 annually), providing immediate cash flow. Estimated monthly cash flow of $103.16 with a projected 3.96% cash-on-cash return. Professionally managed 3BR/1BA home featuring updated flooring throughout, newer architectural roof less than 3 years old, new AC condenser and furnace/air handler, updated kitchen with painted cabinets, countertops, and appliances, plus renovated bathroom with new tub, toilet, and vanity. Conveniently located near major roads, shopping, and everyday amenities, supporting steady tenant demand and long-term rental stability. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Financials available upon request. Leased through 4/16/2028 at $900/month.
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Quincy Harris
Agent Phone: (865) 384-6949
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 249.21 per month $220.33 Principal & Interest $0.00 Property Tax (data not provided by mls) $28.88 Homeowner's Insurance
3244 Baskin St | MLS# 10218353
This single family home located at 3244 Baskin St, Memphis, TN 38127 is currently listed for sale with an asking price of $99,000. This property was built in 1956 and has 3 bedrooms and 1 full baths. Baskin St is located in the FRAYSER MANOR subdivision. Search FRAYSER MANOR real estate on qharris.crye-leike.com today.