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Updated over 8 years ago on . Most recent reply

User Stats

147
Posts
97
Votes
Haim Mamane Palman
  • Investor
  • San Francisco, CA
97
Votes |
147
Posts

Memphis Property to Fix and Flip or Fix and Keep

Haim Mamane Palman
  • Investor
  • San Francisco, CA
Posted

Contract for Sale: 4758 11th Rd, Memphis, TN 38109

3/1 brick house that needs work. I'm not a contractor but my estimate is something around 12-15k in repairs. This can be a great property to add to your rental portfolio or to sell to a buy and hold investor for cash flow.

Additional Pictures (36)

Video Link

Rent Range: $650-$700

After Repair Value: 53-58k

Comparable Sales:

-910 Shadowline Dr, Memphis, TN, 38109 4 Bed 1 Bath 1123 sq ft. Year Built: 1970 11/10/2016 $ 64,000

- 4264 Westmont Rd, Memphis, TN 38109 3 beds 1 bath 854 sqft

$56,000 Sold on 11/30/16 - 4567 Bluebell St, Memphis, TN, 38109 3 Bed 1 Bath 1150 sq ft. Year Built: 1961 08/12/2016 $ 56,900

- 804 Pawnee Ave, Memphis, TN 38109 3 beds 1 bath 940 sqft sold for $57,700 Sold on 07/27/16 (Memphis CashFlow

- 4354 Falcon Dr, Memphis, TN 38109 3 beds 1 bath 900 sqft

- $56,000 Sold on 07/29/16 - 877 White Clover Ln, Memphis, TN 38109 3 beds 1 bath 1,053 sqft $56,700 Sold on 02/04/16

Access: Please call (901) 602-7874 or email to [email protected]

Offering

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