GIVE getsemani A 📞 CALL OR SHOOT HER A 📲 TEXT FOR MORE INFO ON THIS KILLER DEAL!

[619] 769-9753 🔊

899 wrenwood st,

memphis, tn 38112

🏠Single Family Home🏠

• 3 Bed / 2 Bath
• 1, 515 SF living area
• 12,660 SF of lot
• Roof is Older but with no leaks
• Tenant Occupied - will be vacant at closing.
• Cosmetic Rehab needed in:
• Bedrooms
• Kitchen
• Painting
• Leak in the attic, that was repaired, damaged the drywall in a room (you can see in pictures)
• Central Heat and air works great
• Electrical has been upgraded:
• New Breakers
• One of the floors is Sagging - might need joist repair.
• Cute back Deck with a spacious backyard

Attention cash buyers and investors! We have an exceptional off-market deal located in a highly desirable rental area of Memphis. This property presents an excellent opportunity to add a lucrative investment to your portfolio. With rents starting at $1,300 per month and the possibility of reaching up to $1,700 per month.

Featuring 3 bedrooms and 2 bathrooms, this home spans 1,515 square feet of living area, set on a generous 12,660-square-foot lot. Although the roof is older, it is free from leaks, providing peace of mind and minimizing immediate maintenance concerns.

A cosmetic rehab is needed, primarily focused on the bedrooms and kitchen areas. A room in the attic previously experienced a leak, which has been repaired, but some drywall damage remains (visible in the pictures). Central heat and air systems are in great working condition, and the electrical system has been upgraded with new breakers, improving safety and reliability. It's worth noting that one of the floors is sagging, which may require joist repair. Addressing this issue will restore the structural integrity of the property.

Don't miss out on this prime investment opportunity in Memphis. Act now to secure this deal and maximize your returns. Contact us today to explore the potential of this off-market gem!

Comps within a Half Mile sold in the last 6 Months:

1. Address; bed / bath; SF; $k Sold {date}
2. Address; bed / bath; SF; $k Sold {date}
3. Address; bed / bath; SF; $k Sold {date}
4. Address; bed / bath; SF; $k Sold {date}

Comps

3 bd2 ba 1200 sqft 3724 Given Ave, Memphis, TN 38122 Sold: $205,000Sold on 06/01/23 smaller

2 bd2 ba 1118 sqft 1024 Wrenwood St, Memphis, TN 38122 Sold: $191,500Sold on 05/12/23 Much Smaller

3 bd2 ba1,656 sqft 700 N Graham St, Memphis, TN 38122 Sold: $208,000Sold on 03/23/23

3 bd 1 ba 1880 sqft 3468 Bowen Ave, Memphis, TN 38122 Sold: $268,000 Sold on 03/29/23

Rental comp:

$1,300/mo3 bd2 ba1,344 sqft 3967 Grahamdale Cir, # B, Memphis, TN 38122

$1,700/mo4 bd2 ba1,642 sqft 3749 Rhea Ave, Memphis, TN 38122

Active comp:

$118,7003 bd1 ba 1,399 sqft 3928 Pleasant Cv, Memphis, TN 38122 Selling AS IS no reno done,.

$190,0003 bd2 ba 1389 sqft 3710 Rockwood Ave, Memphis, TN 38122 -- Reno done

💪🏻YOU CAN CLICK THE 🙌🏻WIN IT NOW BUTTON AND AVOID ALL THE BIDDING AND 🔐LOCK THIS ONE DOWN RIGHT NOW 🔥

Additional Deal Details:

• Property is sold AS-IS and First Come First Serve. 
• Non-refundable EMD of $5000.00 required. Refundable upon unclear title. 
• Buyer pays all closing costs
• No loan appraisals, contingencies or inspections. 

Please contact us for showing availability appointments. First come first serve. Price is net to seller. Earnest money deposit goes hard immediately, so please do due diligence in advance of executing a contract and depositing earnest. All prices are net amount to seller; buyer pays all closing costs.

Prices are based on quick closing in 10 days or less. Opinion of value is given as courtesy. Our opinion is just an opinion and seller make no guarantees or warranties, express or implied, as to the value or condition of the home. Properties are being sold "as-is" and "where-is". Buyer is responsible for their own due diligence. National Deal Pros, may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties. (Without any warranty or representation other than it is the buyer under the subject contract) its contract rights as buyer of such property.

AGENTS: Please contact us for availability or showing appointments. There are no inspection periods or contingencies, and commissions will need to be added on top of the price listed above before presenting to your client(s). All other terms listed here apply.