Off Market Deal In Memphis, TN. $10,000
Hello,
Please let me know if you are interested in this deal, details are below.
4250 Westmont Rd. Memphis, TN. 38109
Property has clean title but was sold in the past via the Memphis land bank.
3 bedrooms 1 bath
854 sq ft
Built in 1962
Yearly taxes $767.29
220 wiring is less than two years old
Roof is less than two years old.
Estimated repairs $10,000. Some rehab has been completed but more is needed to get property rent ready. (power wash outside of property, repair wood trim on outside of property, finish siding, paint interior and exterior trim, clean yard, HVAC, hot water tank, flooring, final clean,install kitchen cabinets, change locks, hardware, inspect plumbing, blinds, new sink and toilet in bathroom, security door for back door)
ARV $45,000
Cash asking price $10,000
Zillow Rent Rate $650
Rentometer Rent Rate $673
Click link for detailed pictures
https://www.youtube.com/watch?v=ZB3EPSKDgK0
*Disclaimer and Terms*
This property is a off market wholesale deal that can be bought with cash only. I have the property under contract to purchase for cash and selling my position as the current buyer via a assignment agreement.