πŸ”₯OFF-MARKET MEMPHIS RENTAL OR FLIP! πŸ”₯

Shelby County, Memphis, TN, 38116
Sold
Listed at: May 25th, 2022
Price
$99,000
ARV
$155,000
Gross Margin
$56,000
Sq. Footage
1217
Type
Single-Family
Parking
Driveway
Year build
1959
Lot size
9060.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary


πŸ”₯Call KATI To LOCK THIS DOWN 805-232-4588πŸ”₯


β˜‘οΈ PROPERTY TYPE: SINGLE FAMILY

  • 3 Bedroom
  • 1 Bath
  • 1,217 sqft of living space
  • Built in 1959
  • Porch and large front lawn (.21 acres lot)
  • Vacant at close
  • ARV $155,000 (approx. $127/sqft)
  • Property Taxes $1,119 yearly
  • Brick home
  • Finished basement
  • Central Heating/Air (Gas)
  • Light - Medium Rehab. Repairs needed: mainly cosmetic - flooring, paint, updating. 2 missing siding pieces.



πŸ‘€ RECENTLY SOLD:

  • 1423 Abernathy Rd. sold $146,000

3 bd/2 ba - not updated/ARV

  • 1438 Abernathy Rd. sold $142,800 ($97/sqft)

3 bd/1 ba - 1,466 sqft - not updated/ARV


β˜‘οΈ EXIT STRATEGY

  • Light - Medium rehab to flip and resale
  • Rent to new tenants for around $1200+/month


No Walkthroughs until there is an accepted offer


This is an amazing deal that needs some cosmetic upgrading, and along with some flooring and paint, it will be ready to go! Perfect for a family after a quick flip, or simply as a cash flow property to keep as a rental!!! Close to the Memphis Airport and Mississippi border! Call or text Kati 805-232-4588!


πŸ’ͺ YOU CAN CLICK THE WIN IT NOW BUTTON πŸ™Œ AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND πŸ” LOCK IT DOWN RIGHT NOW πŸ’₯


All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $10,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing is an assignment of our contract with the seller to the end buyer.




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

Scott Berens

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