Cheryl Lamghari
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6895 E Water Point Cv, Memphis, TN 38141

$425,000
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New to the Market Active
BEDS8 BATHS MLS#10222850
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLAKE POINT (THE VILLAGE OF) NEIGHBORHOODGermantown Extended-State Line

Property Description

Investor Opportunity! Owner/Agent offering a unique portfolio sale consisting of 5 income-producing homes on 3 parcels: 4106 Knight Arnold Rd, 4946 Churnak Cove, and 6895 E Water Point Cove. Portfolio includes 2 cottages and 3 single-family homes, all currently occupied by long-term tenants on month-to-month leases. Immediate rental income in place with flexibility for future repositioning, rent adjustments, renovations, resale, or continued investment hold. Properties are located in multiple areas of Memphis, providing diversification within a single acquisition. Excellent opportunity for investors seeking cash flow from day one while retaining the option to make future improvements or ownership changes as leases expire. Properties are being sold together as a package. Do not disturb tenants. Showings and inspections subject to accepted contract and seller approval. Proof of funds or lender qualification required with offers. Contact agent for parcel information, rent roll, or other.

6895 E Water Point Cv | MLS# 10222850

This multi-family property located at 6895 E Water Point Cv, Memphis, TN 38141 is currently listed for sale with an asking price of $425,000. Search Germantown Extended-state Line real estate on cheryl.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Roof Type: Composition
Stories: 1.0
Year Built: 1994

Feature Descriptions

Floors/ Ceilings: Tile, Partial Carpet
Units: 5

Listed By / Shown By

Listed By

Agency Name: Harbur Realty

Shown By

Agent Name: Cheryl Lamghari
Agent Phone: (901) 340-7560
Agency Title: Crye-Leike Real Estate Services

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Source: MAAR MLS

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Estimated Payment

$ 1,069.82 per month $945.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $123.96 Homeowner's Insurance

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