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1255 Faxon Ave

Memphis, TN 38104
  • $389,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 10109491
UPDATED: 74 min ago
$389,000
  • 4
    BEDS
  • 0.25
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2400-2599
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1935
County:
Area:

School Ratings & Info

Description

This fully remodeled and updated home is complete with an in-law suite. It also features 2 new HVAC systems and located minutes from Crosstown or Downtown Memphis. It is currently rented to an extended stay (AirBnB) at $6500 per / month until May 2022, and could possibly be extend. Hot tub and all furniture will remain. Owner will remain as Manager if needed for a percentage of revenues, which have been consistently 70k +. Buyer will cooperate with a 1031 exchange. Seller says sell.

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© 2021 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | ReMax Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-12-08T00:03:10.563.
www.yournewhomekey.com/homes/121818864
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1255 Faxon Ave Memphis, TN 38104

  • Price: $389,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 74 min ago
  • MLS #: 10109491
4
Beds
3
Baths
0
½ Baths
0.25
Acres
2400-2599
SQFT
$156
$/SQFT
1935
Built
Neighborhood:
Speedway Terrace Blk A
County:
Shelby
Area:
Overton Park
Property Description
This fully remodeled and updated home is complete with an in-law suite. It also features 2 new HVAC systems and located minutes from Crosstown or Downtown Memphis. It is currently rented to an extended stay (AirBnB) at $6500 per / month until May 2022, and could possibly be extend. Hot tub and all furniture will remain. Owner will remain as Manager if needed for a percentage of revenues, which have been consistently 70k +. Buyer will cooperate with a 1031 exchange. Seller says sell.
Exterior Features

Covered Parking Spaces 2 Exterior And Windows Brick VeneerWood/Composition Lot Description Level Lot Size 70X160 Misc Exterior Porch Parking And Storage Driveway/Pad Parking Display 2 Pool Description None Style Soft Contemporary

Interior Features

Additional Bed Bath Info All Bedrooms Down Bedrooms Down 4 Cooling Central Den Great Room Dimensions 0X0 Dining Room Dimensions 0X0 Floors And Ceilings Wood Laminate FloorsTile Heating Central Living Dining Kitchen Lr/Dr Combination Living Room Dimensions 0X0 Primary Bedroom Dimensions 0X0 Rooms 9 Total Baths 3

Property Features

Annual City Tax 481 Annual County Tax 610 Condo No Contingency Type No Contingency Detached Unit Type General Residential Legal Subdivision Name Speedway Terr Blk A Lot Number 47 & Neighborhood Association None Prop Construction Status Existing Property Warranty And Possession Addendums Possession At Closing

Listing information © 2021 Memphis Area Association of REALTORS®.
Listing provided courtesy of Infinity Group Realtors, Inc..



© 2021 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | ReMax Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-12-08T00:03:10.563.
 
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