👻🚨 Great Fixer-Upper 🔥 3/1 on an ACRE in Covington, TN 🎃🧨

Tipton County, Covington, TN, 38019

Sold

Listed at: October 3rd, 2024

Price

$39,900

ARV

$199,000

Gross Margin

$159,100

43 pictures, show all

Sq. Footage

1312

Type

Single-Family

Parking

Unassigned

Year build

1967

Lot size

1.00 acres

Bedrooms

Bathrooms

Half Bathrooms

Summary

👻🚨 Great fixer Upper 🔥 3/1 in Covington, TN on a ACRE!! 🎃🧨

Potential investment strategy:

Great fix and flip and rental to add to your portfolio! Located just 6 min west of Central Covington with easy access to local restaurants and shops, just 1 hour north east of Memphis! Great investment opportunity!

Property details:

🔹ARV $199k, 3/1 1300sf on a full acre lot.

🔹Rent Zestimate $1,255/Rentometer $1,270

🔹Access: On lockbox. Call Ashley (405) 281-4866

Condition and Repair Info:

🔹Plumbing: Older, needs replaced.

🔹Electrical: All in working condition.

🔹HVAC/Furnace: No HVAC, will need installed.

🔹Roof Age : 5-10 years, no known leaks.

🔹Foundation: Crawlspace, no known issues.

🔹Needs sheetrock and insulation throughout.

🔹Needs finishes like cabinets, toilets, light fixtures, doors, etc. Needs a full renovation.

🔹Appliances needed like hot water tank, stove, dishwasher, etc.

Comps Used:

145 Bringle Rd | 3 bed 2 bath 1,200 sq ft| Sold for $155K on 6/20/24 ($129/sq ft)
130 Tatlock Cir| 3 bed 1 bath 1,078 sq ft| $160K on 8/7/24 ($148/sq ft)
183 Bringle Rd | 3 bed, 1 bath, 912 sqft | Sold for $180K on 04/23/24 ($197/sqf)

Ready to buy?

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

🔹Closing at APPERSON CRUMP PLC, $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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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.

Videos

Walkthrough Video - Bucksnort Rd, Covington, TN

Street View

Location

current deal

comparables

available

$123k

sold

$99k

Bedrooms
Bathrooms
Sq. footage

Deals nearby

Available