🏠 2/1 Brick Home Near Liberty Stadium🛠️ Prime Location in 38111➡️Pictures Avail

Memphis, TN, 38111 view full address
Listed at: October 5th, 2024
Price
$49,000
ARV
$110,000
Gross Margin
$61,000
Sq. Footage
725
Type
Single-Family
Parking
Street
Year build
1958
Lot size
0.08 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

This 755 sqft 2 bed, 1 bath brick home in 38111 is your next investment opportunity, located just steps away from Liberty Stadium. With a full remodel required, this property has massive potential for a great return!

🔧 What it Needs:

  • ·         New roof
  • ·         HVAC system
  • ·         Complete interior renovation (kitchen, bathroom, flooring, walls, etc.)
  • ·         Customize and add value throughout!

📈 ARV: $110,000

Perfect for a flip or buy-and-hold investment with solid upside potential!

📍 Prime Location:

  • ·         Walking distance to Liberty Stadium (home of the Memphis Tigers and major events)
  • ·         Close to Overton Park, Memphis Zoo, and Children's Museum of Memphis
  • ·         Minutes from Cooper-Young entertainment district with restaurants, cafes, and nightlife
  • ·         Easy access to the University of Memphis, shopping, and public transportation

 

Calling all investors ready to transform this property into a profitable asset in a booming area!

Rentometer: Average Rent $1,063.00/mo

AirDNA: STR Daily Rate: $115

Photo Link: Coming soon!

📲 Call/Text Sam at 559-202-0312 for more info and to schedule a viewing!

 

 

Please note:

  • All offers are Cash, PML or HML.
  • Minimum $5,000 non-refundable deposit for properties under $100K and minimum $10,000 non-refundable deposit for properties above $100k.
  • Properties are sold AS-IS with NO inspection period; Please inspect first.
  • All closing costs, title fees, transfer taxes, and other title costs are to be paid in full by the Buyer.
  • Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Pacific Invest, actual repair cost, rent, and/or ARV may vary. 
  • Taxes, Insurance, and Closing Costs are estimates. The actual cost may vary.
DISCLAIMER: This is an assignment of contract. A legally binding purchase contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner/seller will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Gonzalez

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