1255 FAXON AVE, Memphis 38104 - $389,000
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.
Contact - Listing ID 10109491