🛠🧨 Handy Man Special 💥 3/1 in South Memphis 🚨🚒

Shelby County, Memphis, TN, 38109
Sold
Listed at: August 21st, 2024
Price
$40,000
ARV
$102,000
Gross Margin
$62,000
Sq. Footage
790
Type
Single-Family
Parking
Detached Garage
Year build
1954
Lot size
0.20 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🛠🧨 Handy Man Special 💥 3/1 in JE WALKER South Memphis 🚨🚒

Potential investment strategy:

Cute house on a corner lot in JE WALKER, walking distance to Mitchell High School and Ford Road Elementary. Easy access to main roads-- just 12 mintues to Memphis Int'l Airport and 18 minutes to Univ. of Memphis. It makes a great rental or flip! 

Property and Condition Details:

🔹ARV $90-100K, 3/1 .20 ac lot

🔹Rent Zestimate $980/mth

🔹Access: Vacant. Call Ashley for access.

Repair Info:

🔹Plumbing: Copper pipes, all working. Hot water tank newer and working.

🔹Electrical: no known issues.

🔹HVAC/Furnace: Needs New Central AC & Ducting Installed. 

🔹Roof Age : Newer, only a few years old, no known leaks. 

🔹Foundation: Slab, no known issues.

Comps Used:

  1. 360 Jenson Rd | 3 bed, 1 bath, 888 sqft | Sold for $114K on 07/08/24 ($129/sqft)

  2.  3559 Rochester Rd | 3 bed, 1 bath, 816 sqft | Sold for $111.8K on 04/15/24 ($137/sqft)

  3. 3356 Rochester Rd | 3 bed, 1 bath, 888 sqft | Sold for $107K on 06/28/24 ($121/sqft)

Ready to buy?

🔹Click on "Make an Offer" or "Win it Now" to avoid the bidding and lock it up now!

🔹Closing at Saddle Creek Title, $2k EMD required.

Need more info?

Click "Inquire About this Property" on this page, call or text us at (405)730-5849 or email us at deals@HouseDealerUSA.com

 

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See ALL of our available deals here: https://housedealerusa.com/

Need help finding a buyer for your your wholesale deals? We have over 4 million buyers nationwide and can JV Anywhere in the USA to help you get it sold! Just go to https://www.jvanywhere.com/ to learn more!

Become a Private Lender with us and Earn Double Digit Returns!

🔹Passive Income, Interest Only Payments

🔹7%-10% Annualized Interest Paid

🔹Safe Investment, Backed by Discounted Real Estate

🔹Secured by 1st Position Mortgage & Note

🔹All Funds & Transactions go Through a Title Company

🔹6-12 Months Return of Capital - Minimum of 3 Months, Annualized Interest Paid

Interested in our Next Private Mortgage Investment Opportunity? Email Graylan Stewart at graylan@homebuyerforcash.com to receive more information.

DISCLAIMER: You are strictly prohibited from contacting any seller or otherwise, using any information provided to you, unless you have the express written consent of Stewart Marketing, LLC, dba House Dealer USA. Any property information received by you is proprietary information belonging to Stewart Marketing, LLC, and its affiliates. Any transaction consummated by you will be pursuant to an assignment of our Contract or Purchase Agreement. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken against you. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is and we make no warranties of any kind. Buyer must complete all due diligence BEFORE submitting an offer and executing any contract. All properties require cash, private, or hard money. Buyer pays all closing costs and price is based on expeditious closings, projected at 7-14 days or less. Determining value is the buyer’s responsibility and any reference to the value of the property by us is just an opinion of value. If you are a realtor, feel free to add your fee on top of our price or call us to discuss how you can get paid! Also, one or more of our team members are licensed with OREC to sell real estate. However, we typically do not represent clients to list their homes and no realtor fees are involved on these deals. Also, this deal may or may not be an Assignment of Contract, as it may be a property that we either own or have a Power of Attorney and/or Attorney In Fact agreement, signed by our client.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Ashley Seay

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Disposition manager