$266,000

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19 S Merton St Memphis, TN, United States 38112

Terrific deal. You can buy this Midtown home at a GREAT PRICE for the area and start generating income from it day one, WHILE living there! This property features a super charming 3 bedroom 1 bathroom home and a RARE additional detached studio apartment (ADU). The main house features newer appliances, a huge kitchen, a great layout and adorable design. The roof & HVAC were replaced in 2021 and a new sewer line was installed in 2022. The separate studio apartment has a sleeping area, living area, kitchenette & bath plus laundry! Both units can be sold fully furnished and are in great shape! Currently operated as an AirBnb this could be a great opportunity for an owner occupant or an investor. Live in Main House & rent apartment to guests & have them pay your mortgage! Excellent House Hack Option; grossed $59K in rental income in 2023!

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Amenities

  • Bedrooms: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1940
  • Built in 1940
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 10200093
  • Status: Active

Property brokered by

CRYE-LEIKE, Realtors

(901) 758-5660

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