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Updated over 6 years ago on . Most recent reply

User Stats

89
Posts
27
Votes
Michael Williams
  • Investor
  • Memphis, TN
27
Votes |
89
Posts

Handyman Special In Memphis $5900 | Quick Sale

Michael Williams
  • Investor
  • Memphis, TN
Posted

(Title Is Freed & Clear - Have Deed)This is a Handyman special that needs everything.  Good buy, fix, and rent or buy, fix, and live in. Great handyman special. This is in an area of senior citizens that own their properties free and clear, rentals by a major rehabbing company, the Pine Hill Golf course two blocks away, interstate 1 mile away, shopping center 1.5 miles away, and investor activity in the area. Great chance to get your feet wet in the Heating Up Memphis low-cost houses market.

Work was started on this house by a rehabber but he passed away before finishing it, so it is gutted. This is priced to move quickly. This house needs about 10k cosmetic work to make it rent ready.

The comps in this area of Memphis are between $22k-$45k, ARV on this one is roughly $25k. Rent in this area range from $650-$750.

Type in "601 Mallory Memphis" on YouTube to see video

Offering

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