1622 ELVIS PRESLEY BLVD, Memphis, TN 38106

$114,900 Asking Price

3 beds
2 baths
Built in 1947

This property is currently operating as a Cash Flowing Rooming House with 6 rooms for rent and tenants are on a weekly pay schedule. Seller is looking for an investor buyer looking for monthly cash flow, or the home can be delivered vacant. Seller has made several updates to this home which has a newer HVAC system, New Hot Water Heater, 6 New Windows, new interior paint and new Blinds throughout the home. The furniture stays with the sale of the property.

Features & Amenities

Interior

Rooms:
6
Master Bath:
Tile Floor
Flooring:
Tile
A/C:
Central
Heating:
Central,Electric
Fireplace:
Fireplaces: 0

Exterior

General:
Brick Veneer,Wood/Composition,Aluminum Window(s), Wrought Iron Security Drs,Porch
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad,Circular Drive,Unassigned Parking, Parking spaces: 1

Construction

Roofing:
Composition Shingles
General:
1, Slab

Location

County:
South Memphis/Glenview

Lot

Zoning:
048003 00026

Utilities

Water:
Electric Water Heater,Public Water
Sewer:
Electric Water Heater,Public Water

This listing courtesy of:
BEST Real Estate Company

About Memphis, TN

Housing

Number of Units
296,697
Median Home Value
$154,311
Median Rent
$742

52.07% of housing units are renter occupied.

10.48% are vacant.

Commute

Car
82.14%
Public Transportation
1.16%
Walk to Work
1.09%
Work from Home
14.58%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
676,522
Median Age
35.70
Median Household Size
2.54

Education

High School
30.26%
Associate’s Degree
6.19%
Bachelor’s Degree
15.99%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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