1680 KANSAS, Memphis, TN 38109

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$1,290,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1954

Full Baths

Half Baths

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Welcome to Sunny Grove! This is a 22-unit fully occupied property with two buildings and one graveled parking lot. Spanning 3 addresses (1680 Kansas St, 1686 Kansas St and 1683 Kansas), it is a turnkey, renovated, cash-flowing property to a VA-Funded Nonprofit for veterans in need. 3-year lease is in place! $13k/mo in rental income, utilities reimbursed, maintenance reimbursed, no Capex needed! What an opportunity! Oh and the non profit provides onsite management, handles tenant turnover, and maintenance requests. All units have been updated to meet VA requirements and both buildings have newer roofs. Laundry onsite. This property is already delivering a fantastic ROI and long term cash flow. It's now your time to reap the benefits! Rent rolls, financials, and records available upon request. Inspections with due diligence. Text or Call agent for additional information and questions.

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MLS number: 10191974

Listing agent: Zach Thomas

Listing broker: Sell901 Real Estate Llc Dba Mytown Properties Memphis (901) 431-6876

Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, April 11 2025 at 1:15 p.m. EDT

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