Are you looking to make a smart investment? Consider this Tennessee Investment Property For Sale located at 1712 CORNING in Memphis, TN 38127. This 3 bedroom, 1 bathroom property is currently tenant occupied, with the tenant paying $950 per month in rent. The lease is set to expire on April 30, 2023, providing you with a steady and reliable source of income for the next two years. It’s important to keep in mind that the listing specifically states not to disturb the tenant. This is important for maintaining a positive relationship with the tenant and continuing to receive rental income from the property.
This investment opportunity can provide you with a steady stream of income from day one, without having to search for tenants or worry about vacancies. In addition, you may be eligible for various tax advantages, such as deductions for mortgage interest, property taxes, and repairs. Before making a decision, it is important to thoroughly research the property and the surrounding area to ensure that the rent being charged is in line with market rates and to consider any potential expenses that may arise during the lease.
Overall, this Tennessee Investment Property For Sale presents a great opportunity for those looking to invest in real estate. With a reliable tenant, a lease in place until 2023, and potential tax advantages, this property should be a top consideration for anyone entering the world of real estate investing.Tennessee Investment Property For Sale