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5077 S Third St Memphis, TN 38109
- Single Family Home / Resale (MLS)
Property Details for 5077 S Third St, Memphis, TN 38109
Features
- Price/sqft: $176
- Lot Size: 377665.00 sq. ft.
- Total Rooms: 7
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3
Facts
- Year Built: 01/01/1985
- Property ID: 915668520
- MLS Number: 11339072
- Property Type: Single Family Home
- County: SHELBY
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Discover a rare gem within the city limits of Memphisa stunning 10.56-acre tract offering a world of potential. This property presents numerous opportunities, from multiple home sites to an ideal location for various businesses. Just 1.9 miles north of the MS/TN state line, the property has 565 feet of frontage on US Hwy 61, (aka The Blues Highway). The tract includes a well-maintained 1,972 sq ft brick home, built in 1985, offering 4 bedrooms, 3 baths, and a spacious 2-car garage. It is presently vacant but could be rented for $1,500/ month easily. The site also serves as the base for a general contractor business and includes a large shed with three 40-foot metal containers for material storage. The land itself is a mix of manicured turf grass covering 3.45 acres and 7.1 acres of mature hardwood timber, creating a versatile landscape. This rare property is an exceptional investment opportunity! Don't miss out on this unique offering!
Rent To Own Financing
What Is This
RTO Financing is an exciting new program to help you get into an RTO home. The approval process is easier than a mortgage with a simple process and one-on-one help.
How To Apply
First, we'll ask you some questions about your financial situation. If you meet the criteria, you will be forwarded to our partner's site to complete a full application for RTO Financing.
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Property Brokerage:
National Land Realty, Memphis, TN
2298 Young Avenue
Memphis
TN
38104
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.