✨2/1 in 38109, 90% Rehabbed!✨

Shelby County, Memphis, TN, 38109
Sold
Listed at: March 13th, 2023
Price
$39,000
ARV
$90,000
Gross Margin
$51,000
Sq. Footage
704
Type
Single-Family
Parking
Driveway
Year build
1966
Lot size
1.00 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

This property is vacant and already mostly rehabbed! New roof in 2019. Bathroom remodeled (see photos). Newer kitchen cabinets, windows, and electrical panel. Needs flooring, some finishing in laundry room, some wood around windows need replaced. No central HVAC. 


2 bed/1 bath

704 sq ft

Built in 1966

 

Link to Pictures: 4425 Sewanee Rd, 38109

 

Estimated Rehab: $20,000

ARV: $90,000

Market Rent: $850/month

Asking Price: $39,000


COMPS:

 

3547 Silas Rd, 38109 - SOLD $120,000 ($124/sq ft)

1656 W Shelby Dr, 38109 - SOLD $90,000 ($106/sq ft)

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

Jamison Hendricks

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Disposition manager