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Fully Rehabbed Properties with Great Cash Flow
Spey Cove – $123,500, $1,295/Month Rent | ||||
Purchase Price: | $123,500.00 | City: | Memphis | |
Bedrooms: | 4 | Property Type: | Home | |
Bathrooms: | 2.5 | Property Status | Available | |
Size: (sq ft) | 2326 sqft | Property County: | Shelby | |
Year Built: | 1975 | |||
All-Brick Memphis Home: A 4 bedroom, 2.5 bathroom all-brick Single-Family Home located at 6330 Spey Cv., Memphis, TN 38119. Approximately 2,326 square feet. The property has a lot size of 18,360 sqft and was built in 1975.Rehab Overview: This property is mostly in need of cosmetic upgrades throughout the entire house. The walls need a decent amount of prepping before painting to ensure a smooth, nice looking finish without a presence of defection in the walls after the paint job is complete. To open up the area and make the rooms looks spacious, laminate hardwood floors will be installed in the dining room, family room and den. New carpet will be installed upstairs and in all bedrooms. Ceramic tile and faucets will bring the bathroom up to current trends. Kitchen updates will also include new faucets, countertops, ceramic floor and other updates to bring to current trends. Exterior repairs will include replacing a lot of rotten wood, installing cedar shutters and roof repair. No debris at any time should be left in front yard. |
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Hunt Cliff Trace – $82,900, $925/Month Rent | ||||
Purchase Price: | $82,900.00 | City: | Memphis | |
Bedrooms: | 3 | Property Type: | Home | |
Bathrooms: | 2 | Property Status | Under contract | |
Size: (sq ft) | 1,560 sqft | Property County: | Shelby | |
Year Built: | 1979 | |||
Newly-Acquired, Under Renovation A 3 bedroom, 2 bathroom Single-Family Home in Raleigh, North Memphis. The house has approximately 1,560 square feet, a lot size of 0.23 acres, and was built in 1979. This property is located in the Raleigh area located outside the Memphis city limits.For investors, this means no city taxes. Schools in the county by rule are better then the city schools. Like many other neighborhoods in Memphis, Raleigh tenants (not to be confused by Raleigh-Frayser) love the area and do not have any interest in living anywhere else. This particular property is located outside the city limits and has no city taxes. Although near the Nike DC, Raleigh’s business community is almost exclusively retail. The southern section of Raleigh comprises Memphis’s largest collection of automobile dealerships and related businesses, while the area around Stage Road offers fast food and casual restaurants, shopping centers, and major retailers such as Home Depot. Raleigh East border is shared with Bartlett, which many tenants like as Bartlett has many choices to shop and dine. Rent Range is $875 – $925. Through the upgrades done during our renovation, we have been excellent at obtaining the high end of the rent range. |
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Virgil – $99,500, $995/Month Rent | ||||
Purchase Price: | $99,500.00 | City: | Memphis | |
Bedrooms: | 3 | Property Type: | Residence – Single Family Home | |
Bathrooms: | 1.5 | Property Status | Under contract | |
Size: (sq ft) | 1,681 sqft | Property County: | Shelby | |
Year Built: | 1955 | |||
Newly-Acquired, Under Renovation A 3 bedroom, 1.5 bathroom Single-Family Home in Bartlett. The house has approximately 1,681 square feet, a lot size of 0.47 acres, and was built in 1955. Bartlett, TN was Ranked top 100 places to live by Money Magazinehttp://money.cnn.com/magazines/moneymag/bplive/2007/snapshots/PL4703440.html. Bartlett has always been a desirable place to raise a family (According to 2000 census 74.6% of the homes are married families)- GREAT public and private schools, median annual household income over $80,000 and easy access to Interstates 40 & 240, and U.S. Highways 64, 70, and 79. Major improvements made during the renovation include, but not limited to: New Roof, interior paint, new flooring, ceramic tile in kitchen and bath, decorative electrical fixtures, new faucets, new counter tops and much more! Rent Range is $950 to $995. Through our beautiful renovations, we have been achieving our top end of the rent range on a consistent basis. |
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Lynchburg – $87,900, $975/Month Rent | ||||
Purchase Price: | $87,900.00 | City: | Memphis | |
Bedrooms: | 3 | Property Type: | Residence – Single Family Home | |
Bathrooms: | 2 | Property Status | Under contract | |
Size: (sq ft) | 1,619 sqft | Property County: | Shelby | |
Year Built: | 1965 | |||
Newly-Acquired, Under Renovation This property is located in the Raleigh area of Memphis (38128). Like many other neighborhoods in Memphis, Raleigh tenants (not to be confused by Raleigh-Frayser) love the area and do not have any interest in living anywhere else. Although near the Nike DC, Raleigh’s business community is almost exclusively retail. The southern section of Raleigh comprises Memphis’s largest collection of automobile dealerships and related businesses, while the area around Stage Road offers fast food and casual restaurants, shopping centers, and major retailers such as Home Depot. Raleigh East border is shared with Bartlett, which many tenants like as Bartlett has many choices to shop and dine. Renovation has just begin but will include: Refurbish hardwood floors, exterior paint, tree work, ceramic tile in kitchen and baths, new counter tops, new plumbing and electrical fixtures and much more! Rent Range is $925 to $975. Through our renovations, we have been achieving our top end of the rent range on a consistent basis. |
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Kings Crown (Equity), Memphis/Rental Income: $1,375 | ||||
Purchase Price: | $165,000.00 | City: | Memphis | |
Bedrooms: | 3 | Property Type: | Residence – Single Family Home | |
Bathrooms: | 2.5 | Property Status | Available | |
Size: (sq ft) | 2,609 sqft | Property County: | Memphis | |
Year Built: | 2004 | |||
Located near the Mississippi state line, near highly desirable Olive Branch neighborhood. Young vintage age of property and major systems (water heater, furnace, plumbing) protect investor from maintenance expenses. Attractive curb appeal will make for strong rental and owner demand. Property is within walking distance of Highland Oaks Primary and Elementary Schools; within 3.5 miles of Southwind High School. Renovations include new laminate flooring in living room and new tile in master bathroom. 1 Year Rent & Home Warranty. |
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Mill Hill Avenue, Memphis/Rental Income: $1,150 | ||||
Purchase Price: | $133,750.00 | City: | Memphis | |
Bedrooms: | 3 | Property Type: | Residence – Single Family Home | |
Bathrooms: | 2 | Property Status | Available | |
Size: (sq ft) | 1,428 sqft | Property County: | Memphis | |
Year Built: | 2008 | |||
Young vintage, brick construction protects investor against future maintenance expenses. Surrounding area features several local amenities, including Stonebridge Country Club, Colonial Country Club, and the Wolfchase Galleria, a premium outdoor shopping mall in central Germantown. Close access to major local employer, Behavior Lakeside Health Hospital. Zoned for the highly rated Arlington High School. Has attractive curb appeal and is an excellent addition to an investor’s portfolio. |
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Green Turtle (Cordova), Memphis/Rental Income: $1,295 | ||||
Purchase Price: | $140,000.00 | City: | Memphis | |
Bedrooms: | 4 | Property Type: | Residence – Single Family Home | |
Bathrooms: | 2.5 | Property Status | Available | |
Size: (sq ft) | 1,773 sqft | Property County: | Memphis | |
Year Built: | 2003 | |||
Young vintage age of property protects investors against maintenance expenses. Surrounding area features several local amenities, including Stonebridge Country Club, Colonial Country Club, and the Wolfchase Galleria, a premium outdoor shopping mall. Close access to major local employer, Behavior Lakeside Health Hospital. A short drive from both Cordova High School and Macon Elementary School. This Anchor play with attractive curb appeal is an excellent addition to an investor’s portfolio. |
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West Hunters Glen – $86,900, $925/Month Rent | ||||
Purchase Price: | $86,900.00 | City: | Memphis | |
Bedrooms: | 3 | Property Type: | Residence – Single Family Home | |
Bathrooms: | 2 | Property Status | Available | |
Size: (sq ft) | 1,576 sqft | Property County: | Shelby | |
Year Built: | 1977 | |||
Beautiful Rehab, NO CITY TAXES! This 3 bedroom, 2 bathroom home is located in the Raleigh area of Memphis (38128). Beautiful rehab including- brand new hardwood floors, updated kitchen with brand new tile floors, counter tops, sink and faucet, den with fireplace, brand new carpet in bedrooms, 2 car garage in back of home, fenced-in backyard, GREAT curb appeal that tenants will love!
Like many other neighborhoods in Memphis, Raleigh tenants (not to be confused by Raleigh-Frayser) love the area and do not have any interest in living anywhere else. This particular property is located outside the city limits and has no city taxes. Although near the Nike DC, Raleigh’s business community is almost exclusively retail. The southern section of Raleigh comprises Memphis’s largest collection of automobile dealerships and related businesses, while the area around Stage Road offers fast food and casual restaurants, shopping centers, and major retailers such as Home Depot. Raleigh East border is shared with Bartlett, which many tenants like as Bartlett has many choices to shop and dine.
Rent Range: $895 – $925. We have consistently been getting the top end of the rent range through our upgrades performed during renovation. |
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Shira Dr – $239,500, $2,100/Month Rent | ||||
Purchase Price: | $239,500.00 | City: | Memphis | |
Bedrooms: | 4 | Property Type: | Residence – Single Family Home | |
Bathrooms: | 3 | Property Status | Available | |
Size: (sq ft) | 2,964 sqft | Property County: | Shelby | |
Year Built: | 2007 | |||
All-Brick Arlington Home: This 4 bedroom 3 bath, single family home built in 2007 is located in Arlington, TN in a neighborhood mostly made up of upper middle class families. Priced well below market value, this 2,983 sq ft home has a huge open kitchen with granite counters, a center bar for 6, ceramic tile and beautiful light fixtures, beautiful hardwood floors in the dining room and den, tile in all three bathrooms and new carpet in the bedrooms. New paint throughout the house, oil rubbed bronze hardware and plantation shutters are just a few of the amenities that make this house a great place to live! With its large open living spaces, this house is perfect for entertaining! |
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