🔥Updated 4/2.5 in 38111, Great Rental and AirBNB area!🔥

Shelby County, Memphis, TN, 38111
Sold
Listed at: May 16th, 2023
Price
$205,000
ARV
$280,000
Gross Margin
$75,000
Sq. Footage
2127
Type
Single-Family
Parking
Carport
Year build
1956
Lot size
0.23 acres
Bedrooms
4
Bathrooms
2.5
Half Bathrooms
0
Summary

Almost everything has been updated on this one! New roof, HVAC has been serviced regularly, hardwood floors have been refinished and new tile in bathrooms, updated kitchen and baths. All an investor would need to do is come in and put some finishing touches on it for an easy flip or rental. Depending on buyer's standard rehab, it may be turnkey and rental ready right out of the gate in an area grabbing excellent rental rates!


4 bed/2.5 bath

2127 sq ft

Built in 1956

 

Link to Pictures: https://drive.google.com/drive/folders/1FnEenF6GA0IxIwRsPCFJJaPELv-A25T8

 

Estimated Rehab: $10,000-$20,000

ARV: $280,000

Market Rent: $2,100/month

 

Asking Price: $205,000 or best offer


COMPS:

 

1188 Oak Ridge Drive, 38111 - SOLD $347,500

4355 Cherrydale Avenue, 38111 - SOLD $325,000

4339 Rhodes Avenue, 38111 - SOLD $260,000

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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