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258 CAMBRIDGE AVE Memphis, TN 38106
4 Beds
1 Bath
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Mcgowan
MLS Listing ID 10230301
Style Traditional
Bedrooms 4
Full Baths 1
Year Built 2019
Annual Tax Amount $274
Lot Size 5,227 Sqft
Property Sub-Type Detached Single Family
Property Description
Rare opportunity in Soulsville! 4 bedroom home offering significant upside for an investor or developer. The property is in need of a rehab and has been priced aggressively to reflect its current condition while leaving room for the next owner to add value. Whether the strategy is to renovate and resell, hold as a rental, or incorporate it into a larger investment on the street, there is plenty of potential here! Adding to the opportunity, two vacant lots located directly across the street may also be available to package with the property. This creates a unique chance for an investor to acquire multiple properties in close proximity, pursue new construction on the vacant lots, and potentially establish stronger comparable sales while adding value to the surrounding street. Call the listing agent with any questions and act fast before it's gone! No contract assignments, cash offers preferred, and all due diligence to be done before presenting an offer.
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Other (See Remarks)
Interior
Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Flooring Other (See REMARKS)
Exterior
Exterior Feature Other (See Remarks)
Parking Features Other (See REMARKS)
Garage Spaces 3.0
Pool None
Private Pool Yes
Building
Lot Description Other (See Remarks)
Story 1
Others
Miscellaneous Other (See REMARKS)
Listed by Tyler Bowman • Weichert, REALTORS-BenchMark