🔥 Perfect Flip in Memphis - 38125🔥

Shelby County, Memphis, TN, 38125
Sold
Listed at: June 19th, 2024
Price
$168,000
ARV
$225,000
Gross Margin
$57,000
Sq. Footage
1461
Type
Single-Family
Parking
Attached Garage
Year build
2003
Lot size
0.22 acres
Bedrooms
3
Bathrooms
3
Half Bathrooms
0
Summary

☑️ PHOTOS + VIDEOS + INSPECTION REPORT LINK
Click Here

This 3 bed / 3 bath single-family home is a good project for the Flip investor. It's a great buy price and is suited well for fixing and creating equity. Home is owner occupied. Will easily sell for $225,000.

☑️ PROPERTY DETAILS

Full Property Report: Click Here  

AC - 15 years old

Furnace - 15 years old

HWT - 3 years old

Kitchens - Needs Updated

Baths - Needs Updated

Flooring - Carpet will need to be replaced.

Roof - 15 years old

Ceilings - Minor damage to ceilings

Exterior - Brick veneer and fiberboard. Fiberboard siding has rotting, water damaged sections. Both fascia and soffit have damaged wood from leaking gutters. Second story window has rotting trim.

Foundation - Foundation is poured concrete, slab on grade.

Garage - One vehicle garage

 

☑️ PHOTO, VIDEO, INSPECTION REPORT LINK

Click Here

 

☑️ EXIT STRATEGY

Buy, rehab, flip for $225,000.

 

This property is an amazing deal, if you don't make an offer someone else will! It would be an excellent pick for any investor! This deal won't last long, reach out now before it's too late!

**In order to put the property under contract, there will be a required minimum of a $2,500 non-refundable deposit due within 24 hours of executed contract.

**Buyer pays all closing costs

**Closing to take place at Nexus Title in Cordova

** $475 Transaction Coordination fee to be paid by buyer to RAP Real Estate

**Every property that we send out are under contract by us. If you come across a property that we market elsewhere, please ignore or report. Thank you!

**Buyers do their own due diligence

**Seller of this property either owns or has equitable contractual interest in the properties marketed

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

Russell Pitts

No reviews

Disposition manager