I am looking to buy a rental home on xxx Lillian Dr, Memphis TN 38109
Can anybody let me know what this house is worth in the market today
Property Type: Single Family
Beds/Baths: 4 Beds, 1 Bath
Square Feet: 1,056 sqft
Lot Size: .2080 Acres
Year Built: 1960
New siding, Brand New HVAC UNIT, New Wrought iron Doors, New Metal inside Security Doors, New Paint inside and Out Side, New Electrical Service, New Light Fixtures Ceiling Fans sockets etc, New Windows, New Plumbing, Refurbished HARD WOOD Floors, New Carpet, New Ceramic Tile… and the list goes on and on and on!!
Rented section 8 it's getting good income. Make sure you keep the management with Derrick he is very good in these marginal areas.
It will be a long time before you can re sell it if you pay the asking price. But it's not a terrible deal.