Take a trip down to the epicenter of Memphis's renaissance, where you'll find a property that invites ingenuity and vision. Here, we're offering not one, but two standalone buildings, each brimming with potential. The main house showcases three bedrooms and one bathroom, spanning across a total of 1,352 square feet. Comfortable and spacious, it serves as an excellent canvas for those with a flair for design.
But that's not all. A separate structure stands ready to be utilized for a myriad of purposes. Whether it's an artist's studio, a home office, or an income-producing rental, the versatile space can be tailored to fit your exact needs.
The property sits on 0.11 acres of prime land, right in the midst of Memphis' revival district. An investment in this property indicates a direct participation in this exciting urban renewal, prime for growth and development in the coming years.
Note that the first structure will require a comprehensive renovation, estimated at $50,000, offering an excellent opportunity for customization and personal touch. Add to it that the existing lien of $15,000 can be adjusted from the sale price, softening the financial commitment while maximizing return.
This exciting package of land, location, and limitless potential is waiting for an ambitious visionary. Bring your dreams and designs to this multi-purpose Memphis property and watch them come to life!
Where it's located
Mortgage calculator
Enter the percentage of the down payment.
30 years fixed
Select your desired loan program duration.
%
Enter the annual interest rate percentage for the mortgage.