CONTRACT FAILED WITH BUYER

PROPERTY NOW AVAILABLE

This property needs some updates and you can either fix it up to sell or keep it for a buy and hold. We sold the property next door at 175k. This is a steal for this price. Memphis' real estate market is growing, so this is a great time to jump in and start rehabbing this property to convert to a section cash-flowing rental property. Don't miss out on this chance to make money and make the neighborhood even better!

We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract. It will however result in a lawsuit. Our attorney is on notice.

Now Only $149,000

Original Price - $165,000

Investor Price $175,000

Retail Value ....$195,000

Gross Margin .$50,000

Estimated Value

Est. Value Range High: $285,000

Est. Value Range Low: $250,000

Est. Rent Per Month: $1,450-$1550

Property Details

Rehab Level: Medium

Construction: Block on Slab

Electrical Panel: Good Condition

Air Conditioner: Poor Condition

Water Heater: Poor Condition

Roof: 2005

Occupancy: Vacant at closing

Comps

1125 Harpeth Dr - 3/2 / 2199 sqft - SOLD $325,000 on 4/28/22

6670 Einat Cv - 4/2 / 1600 sqft - SOLD $279,000 on 3/13/23

6836 Gallop Cv - 3/2 / 1534 sqft - SOLD $274,422 on 5/25/2023

*Do not disturb occupants or walk on property. Trespassing is a criminal offense.

***DO NOT re-market this property under any circumstance without consent. ZVH LIMITED ENTERPRISES LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. ZVH LIMITED ENTERPRISES and its associates are not liable for the accuracy of the information.