This is not a single family home Investment Opportunity: High-Capacity Rooming House Asking Price: $195,000 Location: 38109 Area Code Property Type: Income-Generating Rooming House ?Property Overview ?This unique 1945-built property offers massive scale and high-density living potential. Recently remodeled just one year ago, this expansive residence is currently configured as a high-capacity rooming house, perfect for an investor looking for immediate cash flow in the 38109 area. ?Key Features ?Massive Capacity: A total of 21 rooms, including 14 dedicated bedrooms, making this a rare find for institutional housing or large-scale rental strategies. ?Functional Layout: The interior features two spacious sitting areas, a central kitchen, and three full bathrooms to accommodate multiple occupants comfortably. ?Recent Updates: The property underwent a remodel in 2025, featuring updated flooring, fresh interior paint in a modern grey palette, and updated fixtures. ?Exterior & Grounds: The property sits on a sizable lot with a low-maintenance yard, mature trees, and ample off-street parking for residents. ?Climate Control: Equipped with exterior AC condenser units to ensure year-round comfort. ?Investor Highlights ?High ROI Potential: With 14 bedrooms, the gross monthly income potential far exceeds a standard single-family rental. ?Turn-Key Ready: The recent updates allow for immediate leasing without the need for a major initial renovation budget. ?Proven Model: Established as a rooming house, providing a clear path for continued use or conversion. ?Suggested Marketing Blurb: ?"Cash flow is king! Don't miss this rare 21-room powerhouse in 38109. Remodeled just a year ago, this 14-bedroom rooming house is built for volume and value. At $195k, this is a prime addition to any portfolio looking for high-density residential income. Move quick—opportunities with this many 'doors' under one roof don't last."
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
