Buy&Hold (Vacant): 3116 Lynchburg Street, Memphis, TN 38134 - SOLD
- Apr 7, 2023
- 2 min read
Updated: Jun 12, 2023
Price
$215,000
5 Bedrooms - 3 Bathrooms - 2,580 SF
Investors, welcome to an amazing opportunity to acquire a stunning property in the highly desirable area of Memphis, TN. This property is located at 3116 Lynchburg St, and it's an excellent investment for anyone looking to generate great returns.
With a spacious floor plan that boasts 5 bedrooms, 3 bathrooms, and a total of 2,599 square feet of living space, this property is perfect for families and tenants alike. The lot size is 0.25 acres, offering ample outdoor space for leisure activities and entertainment.
Built in 1963, this property is structurally sound, and the only repairs needed are in the kitchen and bathrooms which are dated. But with some TLC and a few upgrades, this property will be transformed into a stunning modern masterpiece. The After Repair Value here is $276,000
This property is vacant and ready for you to put your own touches on it. The contract is also ready to be assigned, so you can take over this investment with ease. Don't miss out on this opportunity to own a piece of Memphis real estate at an affordable price of $215,000 or best offer.
We urge you to do your own due diligence, and we're confident that you'll see the tremendous potential in this property. Contact us today to schedule a viewing and to make an offer before it's too late!
Please submit all offers to sarter@promiselandrealtyllc.com
Property Photos: https://photos.app.goo.gl/PkjEzrs4fqjtJiFA8
Property Comps
"Your #1 Source for Off Market Investment Properties, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
sarter@promiselandrealtyllc.com
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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