🏠 Memphis Buy&Hold Currently $2,550/mo 5bed/3bath 4.5 Acres 🏠

Shelby County, Memphis, TN, 38134
Sold
Listed at: April 22nd, 2024
Price
$185,000
ARV
$300,000
Gross Margin
$115,000
Sq. Footage
2340
Type
Single-Family
Parking
Detached Garage
Year build
1933
Lot size
4.50 acres
Bedrooms
3
Bathrooms
3
Half Bathrooms
0
Summary

🏠 MEMPHIS, TN HUGE SFH 4.5 ACRES 🏠 

☎️ CALL/TEXT WILL GO FAST

Jay (470) 835-3299

 

✍🏻 RENT READY PORTFOLIO INCREASE! This well kept home sits on massive land in the popular Memphis/Bartlett area. Tall ceilings and grand hallways, this Investor ready deal has active tenants on a month to month. Owner is tired of being a landlord & is giving away for a steal!

 

💡 Highlights:

  • INSTANT CASHFLOW (CURRENT OWNER NETS $1,300-$1,500/mo)

  • $450 - $500 a room (current rent) (5 rooms)

  • Residential 10 Code

  • (Month to Month leases! Can also flip)

  • Sitting on 4.5 MASSIVE Acres (1 Acre adjacent sold 45k 3 months ago)

  • Extra 3 Acres for sale next door (not included)

  • Updated HVAC system

  • Roof in good condition (no leaks)

  • New plumbing 3 years ago

  • 2340 sq ft 5 bed 3 full bath

  • New electrical 3 years ago

  • Detached Garage

  • Starting Price: $185,000

  • ARV $300,000

  • EMD: $5,000

☎️ CALL/TEXT TO CLOSE ASAP

Jay (470) 835-3299

NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF ONWARD FINANCIAL SOLUTIONS. Terms and Conditions: AS-IS sale. Seller/Assignor makes no warranties whatsoever. Assignable contract of equitable title. Buyer to pay all traditional closing costs and escrow/title fees. Buyer to do their own due diligence prior to assignment. Buyer to investigate and verify all information, facts and figures deemed important. One or more members of Max Cash Offers, LLC is a licensed Real Estate Agent(s) in the state of Arizona. The pictures available show the current property condition of which equitable title is being marketed. Buyer understands and acknowledges that information seen on this posting is for equitable title. Max Cash Offers, LLC is not selling real property and Buyer understands that the equitable interest via contract for assignment is for real property. Seller of this property either is the owner of record or has equitable title via a contractual interest, or a JV agreement with holder of equitable title. Max Cash Offers, LLC makes no representations as to the condition or defects of any property. Information provided is deemed accurate but could be incorrect. Any values listed are an opinion of value. Buyer is responsible for running their own comparable market analysis to determine the property value. Buyer to do their own due diligence at their own risk. Property is sold AS-IS and requires either cash or hard-money to close. Buyer understand that a non-refundable earnest money deposit is required to enter into a binding agreement, no exceptions. Any Property information received by you is proprietary information belonging to Max Cash Offers and its affiliates. All Properties are currently under Contract to Max Cash Offers. Any transaction consummated by you will be pursuant to an assignment of Max Cash Offers Contract. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken against you. Buyers are asked to perform their due diligence. Max Cash Offers provides only estimated repair costs and property values.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brandon Bole

No reviews

Disposition manager