$129,900
Memphis Section 8 Rental — Tenant In Place at $1,144/mo — Referral
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Why Buy?
Rent
$1,144/mo
Price
$129,900
Rent to price
0.9%
The Numbers
Asking Price
$129,900
EMD
$0
HUD Rent
$1,144
Referral listing — I am not the contract holder. Finder's fee agreed in writing before seller/agent details are shared. Section 8 tenant in place paying $1,144/mo. 2 bed / 1 bath, 1,090 sqft, built 1951. Renovated about 2 years ago: new roof, new HVAC, new water heater. No viewings until an offer is accepted (per the listing). Ask is $129,900. Works best for a Section 8 / buy-and-hold buyer around $100–110K. Cash or DSCR buyers — DM me.
Map
Subject Property
Deal summary
Section 8 Multi-Family in Memphis, TN 38114 – $129,900
2 bed · 1 bath · 1090 sqft · built 1951 · Shelby County
Referral listing — I am not the contract holder. Finder's fee agreed in writing before seller/agent details are shared. Section 8 tenant in place paying $1,144/mo. 2 bed / 1 bath, 1,090 sqft, built 1951. Renovated about 2 years ago: new roof, new HVAC, new water heater. No viewings until an offer is accepted (per the listing). Ask is $129,900. Works best for a Section 8 / buy-and-hold buyer around $100–110K. Cash or DSCR buyers — DM me.
HUD rent $1,144/mo