PRIME INVESTMENT OPPORTUNITY: STUNNING ROOMING HOUSE WITH EXCELLENT CASH FLOW POTENTIAL
Asking Price: $79,000
About 559 Stephens Pl:
This stunning property offers a fantastic investment opportunity for those looking to add to their portfolio. Situated in a prime location, this house has been converted into a rooming house and offers a fantastic cash flow opportunity for investors.
Previously a duplex, the current owner made the decision to take down four feet of the wall to create a larger space suitable for a rooming house. However, for those who prefer the option of a duplex, this can be easily converted back. The versatility of this property makes it an excellent choice for investors of all types.
The exterior of the property is beautifully maintained and offers excellent curb appeal. The front yard is well-manicured with beautiful trees and greenery. The house is painted in a soft cream color with vibrant blue shutters that add a pop of color and character. The property also has a spacious backyard that is perfect for outdoor entertainment and relaxation.
As you step inside, you will be immediately struck by the spaciousness of the property. The open-plan living and dining area is perfect for large gatherings and entertaining. The room is well-lit with natural light that streams in through the large windows. The elegant hardwood flooring adds warmth and character to the space.
The kitchen is modern and fully equipped with top-of-the-line appliances, including a stainless steel refrigerator, oven, and dishwasher. The countertops are made of granite, adding a touch of luxury to the space. The white cabinetry offers ample storage space, making it perfect for those who love to cook and entertain.
The property features six spacious bedrooms that are all beautifully decorated and well-maintained. Each room has its own unique character and offers plenty of space for relaxation and privacy. The large windows in each room allow natural light to flood the space, creating a warm and welcoming atmosphere.
The house also features four modern bathrooms that are all beautifully designed and well-appointed. The bathrooms are fitted with modern fixtures and are perfect for those who appreciate luxury and comfort.
One of the most impressive features of this property is the cash flow potential it offers. With six bedrooms, this property can generate a substantial income for the savvy investor. The rooming house is in high demand, and the property is situated in a prime location that is sure to attract tenants.
Overall, this property is an excellent investment opportunity for those looking for a versatile and well-maintained property. Whether you are looking for a rooming house or a duplex, this property offers the flexibility to meet your needs. With beautiful interiors, spacious bedrooms, modern bathrooms, and excellent cash flow potential, this house is sure to impress even the most discerning investor. Don't miss out on this fantastic investment opportunity!
This property also matches your preferences:
Features of Property
Detached single family
Built in 1922
Other (see remarks)
Other (see remarks)
Other (see remarks)
6,534 sqft
3% buyers agency fee
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2400-2599 Square Feet
6,534 sqft
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Other (See Remarks)
025021 00003
SingleFamily
Other (See Remarks)
Detached Single Family
No
1922
Memphis
Divine-hill
3%
$79K - $79K
Property Agent
Angelo Anderson
Jennings Realty