Secure a prime investment opportunity in Memphis's coveted Midtown district. Located adjacent to the historical area, this property offers significant potential in a thriving market. Acquired at a notable discount due to seller motivation, it's an investment gem in a high-demand neighborhood. Suitable for refinancing, flipping, or BRRR, a few updates can amplify its value. Act quickly to capitalize on this exceptional Midtown offering.

We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract. It will however result in a lawsuit. Our attorney is on notice.

Now Only $25,000

Investor Price $45,000

Retail Value ....$55,000

Gross Margin .$20,000

Estimated Value

Est. Value Range High: $115,000

Est. Value Range Low: $87,500

Est. Rent Per Month: $850-$1150

Property Details

Rehab Level: High

Construction: Block on Wood

Electrical Panel: Good Condition

Air Conditioner: Good Condition

Water Heater: Good Condition

Roof: 2018

Occupancy: Vacant at closing

Comps

3932 Dearborn St - 3/1 | 1199 sqft - SOLD $85,000 on 05/03/2023

4007 Trevathan Cir - 3/1 | 900 sqft - SOLD $124,400 on 05/02/2023

4016 Trevathan Cir - 3/1 | 1140 sqft - SOLD $75,000 on 08/02/2023

*Do not disturb occupants or walk on property. Trespassing is a criminal offense.

***DO NOT re-market this property under any circumstance without consent. ZVH LIMITED ENTERPRISES LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. ZVH LIMITED ENTERPRISES and its associates are not liable for the accuracy of the information.