• Address: 3156 Clarendon Rd, Memphis, TN 38118 (map)
• Date Posted: 11/06/09
• Bedrooms: 3
• Bathrooms: 1.5
• Size (sq ft): 1131
• Year Built: 1957

3156 Clarendon, Memphis, TN 38118--Memphis Investment Property
Features
Bedrooms: 3
Bathrooms: 1.5
Parking Spaces: 1 Car Carport
Year Built: 1957
Lot Size: .23
Square Footage: 1131
Agent Name: Brett Clothier
Broker: Brett Clothier
Owner Agent: Yes
Pricing
Price: $30,900.00
Estimated Rent: $650-$750
Annual Taxes: $1,149.10
Zillow: $67,500
Previous Sale: $68,750
Tax Assessed: $63,700
Rehab: $12,000
Estimated ARV: $50,000
Appliances
Dishwasher
Interior Amenities
Hardwood Floors
Attic
Exterior Amenities
Fenced Yard
Grass Lawn
Secluded setting
Description
Location, location, and more location when it comes to this three bed, one bath, brick home in the Oakhaven area of Memphis. This neighborhood has extremely high rental demand due to its proximity to the airport and should generate plenty of rental calls. This home has a nice fenced-in backyard, will have beautifully refinished harwood floors after rehab, and has a large kitchen, and a HUGE living room. With such high cash flow and a significant equity position, this property is one of the better deals we will have all year!


Repairs to this property include: interior and exterior paint, HVAC repair, plumbing repairs, yard work, kitchen and bath remodeling, repairing windows, refinishing hardwood floors, and house cleaning.


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.

Contact: MemphisInvest.com | 1-877-773-9998 | info@MemphisInvest.com
For additional information, see: http://www.vflyer.com/home/crlk?id=2933352&ps=16 or reply to this ad.

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