Wholesale Turnkey Property in Memphis- Passive Income Machine!!

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Wholesale Turnkey Property in Memphis- Passive Income Machine!!

Derrick Craig
Memphis, TN · Member since 2013 · 969 posts · 524 votes

3 Beds 2 Baths Single Family Home Rented $700 A Month!

Purchase Price: $47,000
Property Type: Single Family
Beds/Baths: 3 beds, 2 baths
Square Feet: 1,160 sqft
Lot Size: 5,500 sqft
Year Built: 1987
Occupancy Status: Rented

If you would like to get more information about this property and many other Wholesale Turnkey Properties in Memphis TN please  Visit www.memphisbuyandhold.com

or Contact 901-212-4476 or email [email protected]

1446 Wabash -Video!! Click Here!!

PROPERTY DESCRIPTION

This Single-Family Home is located at 1446 Wabash Avenue, Memphis, TN. 1446 Wabash Ave is in the Depot Planning District neighborhood in Memphis, TN and in ZIP Code 38106. The average listing price for Depot Planning District is $68,274. 1446 Wabash Ave has 3 beds, 2 baths, approximately 1,160 square feet, and was built in 1987.

  • Our sister company DCC RENTALS LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio call 901-212-4476 •
    • Stated gross returns and cash ®ow do not take into account vacancy and repairs that WILL happen over time.
    • All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.
    • 2Reply
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    5 Replies

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    • Anthony Tabor
      Las Vegas, NV · Member since 2016 · 10 posts · 6 votes
      9y

      Interested in this and a couple others in this price range.  Please email me if still available and any recent rehab.  Thank you!

      1Reply
    • Derrick Craig
      OP
      Memphis, TN · Member since 2013 · 969 posts · 524 votes
      9y

      @Anthony Tabor

      I just PM you property is still available.

      0Reply
    • Derrick Craig
      OP
      Memphis, TN · Member since 2013 · 969 posts · 524 votes
      9y

      Here is the scope of work on this property

      We installed new hard wood laminate floors in the living room and hall ways, we installed new ceramic tile in the kitchen and bathrooms, we repainted the entire inside and outside of the home along with doing a ton of siding wood work on outside replacing rotted wood, we installed new condenser unit outside, also installed new hot water tank, we replaced cabinets in both bathrooms with new ones and also new toilets , new light fixtures new ceiling fans, refinished kitchen and made brand new, new plumbing where as needed and new plumbing faucet and bathroom fixtures to match throughout home, new security door in front and back of home, removed very very large tree that was in the back yard of the home, and new carpet in the 3 bedrooms. Let me know if you have any more questions or concerns about this property. Kind Regards, Derrick
      0Reply
    • Mark HartPro Member
      Rental Property Investor · Memphis, TN · Member since 2017 · 352 posts · 148 votes
      9y

      Great looking property! The MAAR says 1 bathroom did y'all add another?

      [email protected]901-800-6693
      0Reply
    • Derrick Craig
      OP
      Memphis, TN · Member since 2013 · 969 posts · 524 votes
      9y

      @Mark Hart

      Thanks... MAAR was incorrect on that one we didn't add one it was already in there in the master Bedroom

      0Reply
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