Are you currently earning a 12.93% return on your investments? If not, you need to look at this fantastic piece of real estate in the highly desirable Southeast Memphis area. This property is a three bedroom, two bath home with central heat and air, vaulted ceilings, stone fireplace, separate living room and den, one bed and bath upstairs with two bedrooms and one bath downstairs, large kitchen, and a fenced in backyard. With a rent range of $875-$975, this home should have positive monthly cash flow of $250-$350 per month.
Repairs to this property will include exterior paint, cornice repairs, replace exterior rotten wood, new AC condenser, interior paint, new floor coverings, yard clean up, and servicing of all the systems.
Due to perpetually changing market conditions, estimated values can vary due to external factors such as lender requirements, appraiser used, and length of time to refinance after purchase. Estimated values indicated are from time of posting.
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