✨3/2 In 38108, Excellent Rental Potential✨

Shelby County, Memphis, TN, 38108
Sold
Listed at: February 21st, 2023
Price
$99,000
ARV
$200,000
Gross Margin
$101,000
Sq. Footage
1821
Type
Single-Family
Parking
Driveway
Year build
1940
Lot size
0.14 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Nice house in a good area. Roof will need to be replaced. Inside in good shape but will need updating. Has two AC units, a little older but in good working order. Exterior is mostly brick but does need some wood rot repair and needs painting. Has newer windows. Yard is in nice shape. Excellent rental opportunity on this one!


Link to photos: https://drive.google.com/drive/folders/1DwCzrb5N9LBNItDZsqXXsoDXIbYQf8I2


3 beds/2 baths

1,821 sq ft


Estimated Repairs: $30,000

ARV: $200,000

Market Rent: $1,800/month


COMPS:


888 Barbara Dr - SOLD $181,100 111/sq ft

4061 Ward Ave - SOLD $150,000 120/sq ft

854 N Trezevant St - SOLD $185,000 120/sq ft


VERY IMPORTANT: PLEASE REVIEW COMPLETE BUYING POLICIES IN DOCUMENTS SECTION BELOW BEFORE MAKING AN OFFER!

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

Jamison Hendricks

No reviews

Disposition manager