πŸ› οΈ Fixnflip $50k+ profit πŸ› οΈ | πŸ‘€ MUST SEE! πŸ‘€ (Memphis, TN)

Shelby County, Memphis, TN, 38108 view full address
For Sale
Listed at: July 15th, 2024
Price
$11,000
ARV
$115,000
Gross Margin
$104,000
Sq. Footage
816
Type
Single-Family
Parking
On street
Year build
1940
Lot size
0.11 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

(Memphis, TN)πŸ› οΈ Fixnflip $55k+ profit πŸ› οΈ

Attention real estate investors: Excellent fix and flip or fix and hold investment. 

πŸ› οΈ Fix/FlipπŸ› οΈ

  • Purchase: $11K
  • Rehab: $40K
  • ARV: $115K+
  • POTENTIAL NET: $55K+

2 SAME STREET AS-IS COMPS *NOT UPDATED* RECENTLY SOLD:

Put minimal work into this small property and flip it or rent it for $1k/month

CLICK HERE → PHOTO LINK

GET THIS BEFORE TRUMP GETS IN OFFICE AND THE MARKET GOES UP SO YOU CAN RIDE THE PROFIT WAVE!

Property Overview:

πŸ›2 Bedrooms

πŸ›€1 Bathrooms

879 sqft of potential

Built in 1941

Rent Rates: Around $1k/mo

Property Details:

  • gutted, needs full remodel - but this is a DO NOT OVER IMPROVE situation. 
  • call for more details 

PLEASE CALL CHRISTIAN TO SCHEDULE SHOWINGS

619-209-3136

OR EMAIL CHRISTIAN@LAZPROP.COM

TENTATIVE CLOSE DATE ON OR BEFORE 12/01/2024

Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Christian Weatherspoon

Disposition manager