Property Description

Unique investment opportunity within walking distance of Elvis Presley Birthplace, featuring four homes and a total of 18 lots, all being sold together as one package! Three of the homes are currently tenant occupied and already generating rental income, offering an excellent opportunity for an investor looking to expand their portfolio. With 18 total lots included, the property also offers potential for future development or a small subdivision, subject to buyer verification and any required approvals.The package includes properties located at 1200, 1210, 1230, 1250, and 1268 Reese Street. 1200 Reese Street consists of vacant land with a lot size of approximately 50' x 300'. 1210 Reese Street features a 1,008 sq. ft. home built in 1938 and situated on approximately 100' x 280'. The package includes properties located at 1200, 1210, 1230, 1250, and 1268 Reese Street. 1200 Reese Street consists of vacant land with a lot size of approximately 50' x 300'. 1210 Reese Street features a 1,008 sq. ft. home built in 1938 and situated on approximately 100' x 280'.1230 Reese Street features a 1,008 sq. ft. home built in 1938, situated on approximately 50' x 150', and includes a double detached carport. 1250 Reese Street features a 976 sq. ft. home built in 1938 and situated on approximately 100' x 280'. 1268 Reese Street features a 1,044 sq. ft. home built in 1938 and situated on approximately 150' x 280'.With four homes, existing rental income, additional vacant land, and a total of 18 lots, this package offers multiple possibilities for an investor looking for income producing properties with future development potential. All properties are being sold together as one package and are zoned for mixed-use. 1250 and 1268 are on TVHRA and rents for $850 a month. 1210 is paid weekly and rents for $325 a week. Schedule your showing today!

Property Features

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