1. Tennessee
2. Memphis
3. 512 MCELROY RD

512 MCELROY RD, Memphis, TN 38120

• 6 beds |
• 4 baths

Property Description

PRICE REDUCTION! $5,000 seller credit can go towards buyers rate buy down to lower monthly payment. Property ALSO qualifies for 3% down payment assistance for owner occupants! RARE FIND! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhood with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood with gorgeous new buildings going up around it, this is gold mine. Both sides very nicely updated and clean. Featuring spacious living areas filled with natural light, a beautifully updated kitchen with stainless steel appliances This charming residence combines modern comforts with classic Southern charm."

Listing Status:

Active

Date Added:

February 14, 2025 at 12:00AM

Listing Office:

901, REALTORS : 901-676-6555

MLS ID:

10190061

Interior

• General: All Window TreatmentsAttic Access
• Rooms: 10
• Master Bath: Smooth CeilingTile Floor
• Appliances: Range/OvenDishwasherRefrigeratorCable Wired
• Flooring: Part HardwoodTileSmooth Ceiling
• A/C: Central
• Heating: CentralElectric
• Fireplace: MasonryIn Living RoomIn Den/Great RoomFireplaces: 1

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of 901, REALTORS