๐Ÿ”ฅ๐Ÿ”ฅ OFF-MARKET House w/ Apartment- MEMPHIS ๐Ÿš + ๐Ÿก Rental Unit โ€ผ๏ธโ€ผ๏ธ

Shelby County, Memphis, TN, 38114 View full address
$210,000
2200 sq ft
For Sale

Facts and Features

Type
Single Family
Parking
Driveway
Year build
1945
Lot size
6360.00 acres
Bedrooms
3
Sq. Footage
2200
Bathrooms
2

Summary

๐Ÿ˜ฑ Check out this single family house with a detatched rental

๐Ÿ’ฐ๐Ÿ’ฐ Double down on this rehab for big PROFITS!


โ˜‘๏ธ PROPERTY TYPE: SINGLE FAMILY

  • 3 Bedroom
  • 2 Bathroom
  • SQFT: 2,200
  • Year Built: 1945
  • Tenant Occupied: Unavailable
  • Lot size: 6,360 sqft
  • Rent Zestimate: $2,014/month
  • Zestimateยฎ: $284,800
  • Property Tax: $4,017 / Yearly

๐Ÿ‘€ RECENTLY SOLD:

  • 1924 Young Ave - Sold for $377,700 on 09/30/2021
  • 1864 Walker Ave - Sold for $301,000 on 12/09/2021
  • 2006 Felix Ave - Sold for $265,000 on 02/22/2022
  • 2049 Oliver Ave - Sold for $190,000 on 12/17/2021

โ˜‘๏ธ EXIT STRATEGY

๐Ÿ’ฐ RENTAL - This property will make a perfect long term rental addition to your portfolio with a moderate updating. Not only that but you get 2 units! ๐Ÿง

๐Ÿ’ฐ FLIP - Quick Fix & Flip with nicer finishes. This is a hot hot market with low inventory. Bonus feature here is the additional unit in the back. This is a very desirable feature when flipping your property to homeowners with older parent, college age kids OR people who might wanna rent it out for additional income!

๐Ÿ’ฐ AirBnB - Always an option with a cute home like this... The AirBnB average nightly rate is off the charts here! So not only could you STR the front house but you could keep that as a standard rental and just STR the back house. Either Way You Win!!


๐Ÿ’ช YOU CAN CLICK THE ๐Ÿ™Œ WIN IT NOW BUTTON AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND ๐Ÿ” LOCK IT DOWN RIGHT NOW ๐Ÿ’ฅ


All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.

Estimated Spread

$350,000
ARV
-$210,000
Price
$140,000
Spread

Videos

MeMpHiS oFF-MarKet DEAL

Street View

Location and Comparables

Bedrooms
Bathrooms
Sq. footage
Last Sale Date
Last Sale Price
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