2BR Home in Memphis , TN

About This Property

Call or text (786) 322-3646 This is a highly investor-friendly, creative financing opportunity in a prime Memphis location, ideal for buy-and-hold investors, first-time buyers, or anyone seeking ownership without traditional lending barriers. Located at 1033 Bruce Street, Memphis, TN 38104, this deal allows a buyer to step directly into an existing mortgage with only Contact for details down through a subject-to payment takeover. The property features 2 bedrooms and 2 full bathrooms and is tenant-occupied, providing immediate rental income from day one. The current lease is secured through October 2026, offering built-in stability and predictable without the need to source a tenant or manage turnover. The existing financing is already in place, removing the need for bank approval, credit checks, or income verification. The mortgage balance is Contact for details with a 6.53% interest rate, and the monthly payment is Contact for details. The property is currently rented for Contact for details per month, creating positive immediately while allowing the buyer to benefit from appreciation and long-term equity growth. The agreed purchase price is $325,000, with the Contact for details down payment covering the seller’s equity and enabling the buyer to take control of a cash-flowing asset with minimal upfront capital. This structure makes the deal particularly attractive for investors looking to scale quickly or buyers rebuilding credit who want a clear path to ownership. This opportunity delivers what many buyers are looking for but rarely find: existing financing, a strong tenant, predictable income, and ownership without bank restrictions. Deals like this move quickly due to their flexibility and built-in Showings are available by appointment. Call or text (786) 322-3646 or send a DM to secure this opportunity before it’s gone.

Features & Highlights