Single Family Investment Opportunity
Acquisition Price:
$52,500.00 USD
3 bedrooms 1 bathroom - 1,140 Sqft.
Great opportunity to build equity in the upcoming City of Memphis, TN. This property is in need of a major renovation, but has a potential ARV of well over $150,000. Buy, Fix, & Hold is also a great option with this property as well. Market Rental Income Potential of $1,500+/month - $18,000/annual rental income. Located in a rapidly appreciating area in the city. A perfect addition to any real estate investment portfolio.
Market Rent:
Take A Look At the Comps:
Additional Comps : (all sold within a year & 1 mile)
~ 1930 Walker Ave $270k (Financed)
~ 1075 S Cox St $235k (Financed)
~ 928 Philadelphia St $222k (Cash)
"BUILD YOUR EMPIRE"
PROMISE LAND REALTY, LLC
Work: 313-307-6616
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*
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