This one has AirBNB written all over it! The rehab will be pretty extensive coming in between $85,000-$105,000 depending on buyer's standard rehab. The upside is HUGE, however! Sitting just steps away from the Liberty Bowl stadium and brand new Liberty Park development that will house the new Memphis 901 FC soccer stadium. Location for a short-term rental is perfect!
3 bed/2 bath
1408 sq ft
Link to Pictures: https://drive.google.com/drive/folders/1EQeGSzsXgmXcpHoDG9zGmsfPcuf0adrh
Estimated Rehab: $85,000-$105,000
ARV: $325,000
Market Rent: $1,350/month+ (Excellent Short-Term Rental Location)
Asking Price: $160,000
COMPS:
997 Philadelphia, 38104 - SOLD $316,000 ($246/sq ft)
973 S Cox, 38105 - SOLD $342,000 ($265/sq ft)
1011 Bruce, 38104 - SOLD $327,000 ($254/sq ft)
VERY IMPORTANT: PLEASE READ OUR COMPLETE BUYING POLICIES INCLUDED IN THE DOCUMENTS SECTION BEFORE MAKING AN OFFER!
Bedrooms | |
Bathrooms | |
Sq. footage |