ATTENTION INVESTORS!! 3166 Mensi St is a fully renovated turnkey 3BR/1.5BA, 1,589 SF investment property designed for strong, stable cash flow. With a target rent of $1,395/month and a 6.25% cash-on-cash return, this asset delivers immediate income potential with minimal maintenance concerns. Lease in place through June 14, 2027, providing long-term stability. Major improvements include a NEW architectural roof (<1 year old), NEW HVAC system (condenser and furnace), full interior and exterior renovation with fresh paint, trim, doors, and lighting, a completely updated kitchen with new cabinets, countertops, sink, and fixtures, and fully renovated bathrooms featuring new tile, vanities, tubs, and toilets. Additional upgrades include new flooring throughout (tile/LVP), a new 40-gallon water heater, select new windows, and smart lock entry for added durability and efficiency. No wholesalers, assignments, or creative financing! Owner/Agent
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 389.92 per month $344.74 Principal & Interest $0.00 Property Tax (data not provided by mls) $45.18 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
3166 Mensi Rd | MLS# 10220379
This single family home located at 3166 Mensi Rd, Memphis, TN 38127 is currently listed for sale with an asking price of $154,900. This property was built in 1956 and has 3 bedrooms and 1 full and 1 partial baths. Mensi Rd is located in the ALTA VISTA (NORTH) 4TH ADD subdivision. Search ALTA VISTA (NORTH) 4TH ADD real estate on www.crye-leike.com today.