🔥 NEW DEAL🔥 Memphis TN 38127 🔥 CHARMING FIXER-UPPER 💰 Asking $77k 💰RENTS $1500 A MTH💰See VIDEO Walkthrough in Description ⬇️⬇️

Shelby County, Memphis, TN, 38127
Sold
Listed at: October 22nd, 2023
Price
$77,000
ARV
$150,000
Gross Margin
$73,000
Sq. Footage
1053
Type
Single-Family
Parking
Attached Garage
Year build
1973
Lot size
0.18 acres
Bedrooms
3
Bathrooms
1.5
Half Bathrooms
0
Summary

Welcome to an exciting investment opportunity in the desirable Northhaven area of Memphis, Tennessee. This three-bedroom, one-and-a-half-bathroom home presents an excellent chance for investors or DIY enthusiasts to transform it into a lucrative real estate asset.

Key Features:

  • Central Heating and Cooling: The furnace and air conditioning unit are only six years old, offering energy efficiency and reliability for future occupants.
  • Mixed Flooring: This property showcases a mix of flooring types, including elegant wood floors in the spacious living room, linoleum in two of the bedrooms on the first floor, hallway, and bathroom, and linoleum in the kitchen, offering a diverse palette for customization.
  • Layout: The front door opens into a welcoming living room adorned with wood floors, making it a cozy gathering space. The first floor includes two bedrooms, one of which boasts two closets, and a full bathroom. Additionally, there is a convenient half bathroom on this level.
  • Outdoor Space: Enjoy a private backyard enclosed by a sturdy wood fence, offering a secure and tranquil area for outdoor activities.
  • Natural Lighting: This home is fitted with mini blinds on all windows, ensuring ample natural light during the day while providing privacy when needed.
  • Ceiling Fans: Ceiling fans are present in both the kitchen and bedrooms, contributing to comfort and energy efficiency.
  • Garage: The property includes a garage, adding extra storage space or shelter for a vehicle.

Property Specifications:

  • Bedrooms: 3
  • Bathrooms: 1.5

Investment Potential:

This home is a fantastic investment opportunity, but it requires some TLC and renovations. The kitchen is in need of new appliances, cabinets, and flooring, and the plumbing system could use some updates. The thoughtful investor can transform this property into a comfortable and attractive living space, appealing to renters or potential homebuyers. Given its location in Northhaven, Memphis, this property offers proximity to essential amenities, schools, and parks, making it a desirable choice for future residents.

Whether you're looking to add a valuable asset to your real estate portfolio or create a long-term rental income stream, this Northhaven property holds immense potential. Seize this opportunity to invest in the thriving Memphis real estate market and realize the future financial benefits. Act now, and turn this fixer-upper into a hidden gem in the heart of Northhaven!

Videos

Video Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kevin Kist

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Disposition manager