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$142,000

1020 Montgomery Street, Memphis, TX, 79245

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,736 Sq Ft
price_per_sqft$81.8 / sqft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Dishwasher

Building Information

Garage Spaces2

About this property

INCREDIBLE OPPORTUNITY in Memphis! Wonderful, Well-Maintained Double-Wide sitting on a double corner lot! Permitted for 2 or 3 RVs for added income potential! Open floor plan has a large kitchen complete with breakfast bar and lots of cabinets, dining area and Huge Living Area! Had been remodeled when Seller purchased the home. Isolated Primary Bedroom Ensuite complete with double sinks and vanity, soaking tub and walk-in shower and walk-in closet! 2 good size secondary bedrooms and full hall bath! Utility Room! Double car carport and large storage building. Fenced backyard. Beautifully maintained lawn! Parking for 3 RV's behind fence on back of this huge lot! Low taxes per seller! All electric. Wonderful Home and Great Income Potential!

Investor Tools

$0Estimated Mortgage Balance
$142,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$852 /month
Positive
Cash Flow Estimate:
$284 /month

Interested in this property?

Sabre Cofer

EXP Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Memphis

1020 Montgomery Street | Property Details | No Agent List