Value Add Rental in Memphis 38118

Shelby County, Memphis, TN, 38118
Sold
Listed at: December 18th, 2021
Price
$52,500
Sq. Footage
1347
Type
Single-Family
Parking
Driveway
Year build
1958
Lot size
12153.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

3045 Phyllis Ln, Memphis, TN 38118


Occupancy: Tenant Occupied

Monthly Rent: $600

Lease Terms: Month to Month

Water Heater Age: Older than 10 years

HVAC: Central A/C

HVAC Age: 4-5 years

Roof Age: 3 years


 

This property is currently rented undervalued as is. With some investments can be updated to 2021 standards which will increase rental value or turn it to your next flip.

*All properties are sold for cash or hard money. A $5,000.00 non-refundable earnest money deposit must be made within 24 hours after the offer is accepted and 14 days or less closing period are required. *Proof of Funds is needed to get an accepted offer. *Direct and legally binding and assignable purchase and sale agreement have been executed between the owners/sellers for the purchase of this property and a memorandum of contract has been recorded. We are offering to sell our equitable interest in this property. This contract is available for purchase for an assignment fee included in the price shown above. Do not attempt to contact the seller/owner for any reason. Swift legal action will be taken. ZERO UNAPPROVED RE-MARKETING WILL BE TOLERATED. NO DAISY-CHAINING!
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Laura Schonbachler

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Disposition manager