$170,000
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4340 FAYETTE Rd Memphis, TN 38128
Single Family-Detached
Residence
Beds
0.2
Baths
1,399
Sq. Ft.
0.15
Acre
Lot
Property Activity
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Rental opportunity! Only the building is for sale. Currently, a long-term tenant is paying $1500 per month and is month to month operating a successful daycare. The property was previously used as a dental business; could also be a medical or office in a thriving commercial area of Raleigh near Stag...e and Austin Peay Hwy. The tenant pays all utilities, licensing, insurance, lawn maintenance & interior repairs. The owner pays taxes & liability insurance. The property is in good condition with recent improvements: the architectural roof was replaced 2018; HVAC was replaced 2021; the water heater in 2024; fresh exterior paint in 2024. Interior features include 2 large half bathrooms, with an open interior that could create 4-6 office spaces, plus additional space to create a kitchenette. Currently, there are 4 parking spaces on this corner lot with the potential for additional parking spaces. Call for details or to answer any questions.
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MLS#
10182279
Property Type
Single Family-Detached
Bathrooms
2 Half
Year Built
1973
Square Feet
1,399
sq. ft
Lot Size
0.15
Sewer
Public Sewer
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