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2717 BURNS AVE Memphis, TN 38114
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Key Details
Sold Price $52,275
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1000-1199
Square Footage 1,199 sqft
Price per Sqft $43
Subdivision La Belle Heights Blk 43
MLS Listing ID 10195260
Sold Date 07/15/25
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1940
Annual Tax Amount $793
Lot Size 7,405 Sqft
Property Sub-Type Detached Single Family
Property Description
This classic 3-bedroom, 1-bath bungalow located in the heart of Bethel Grove offers a strong addition to any investment portfolio. With a long-term tenant of 5 years currently paying $700/month, this property provides immediate cash flow and outstanding value-add potential. The home features a functional layout, a spacious living area, and a generously sized yard. Conveniently situated near schools, shopping, and major transportation routes, it's an attractive location for renters. Whether you're looking to expand your portfolio or start investing, this property offers steady income with room for future rent growth. Don't miss out on this affordable opportunity to build wealth in a growing area!
Location
State TN
County Shelby
Area Pendleton/Park
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Living Room
Interior
Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Flooring Hardwood Throughout, Tile
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Building
Lot Description Level, Some Trees
Story 1
Others
Acceptable Financing Cash
Listing Terms Cash
Read Less
Bought with Kimberly Y Leake • Tri-Leake Realty