🔑Memphis, 38118 Turn Key Rental Available🔑

Shelby County, Memphis, TN, 38118
Sold
Listed at: March 21st, 2023
Price
$120,000
ARV
$155,000
Gross Margin
$35,000
Sq. Footage
1272
Type
Single-Family
Parking
Carport
Year build
1965
Lot size
0.19 acres
Bedrooms
3
Bathrooms
1.5
Half Bathrooms
0
Summary

The property is currently occupied but will be vacant at closing. The house has been completely rehabbed with new HVAC, new windows, new metal roof, kitchen is in good shape with painted cabinets and new granite. Both bathrooms are renovated with new tile, vanities, and granite. New wood-look tile throughout the house. Exterior is all-brick and in good condition.


3 bed/1.5 bath

1272 sq ft


Estimated Rehab: $0

ARV: $155,000

Market Rent: $1,350/month


Link to Pictures: https://drive.google.com/drive/u/0/folders/1E7HS7z_KRd26jQtmgvzsa8ajxuvmL4-v


Asking Price: $120,000 (Selling as a package with 2875 Knightway Cv. Package price is $220,000)


2865 Knightway Rd/2875 Knightway Cv Package Details


Total Estimated Rehab: $25,000-$30,000

Total ARV: $300,000

Total Market Rent: $2,700/month

Asking Price: $220,000


COMPS:


2895 Goodlett Rd, 38118 - SOLD $155,000

3030 Randy Ln, 38118 - SOLD $145,800

3008 Dearing, 38118 - SOLD $142,000


VERY IMPORTANT: PLEASE READ OUR COMPLETE BUYING POLICIES INCLUDED IN THE 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

★★★★★
★★★★★
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