• Address: 3789 Kipling Ave, Memphis, TN 38128 (map)
• Date Posted: 11/04/09
• Bedrooms: 3
• Bathrooms: 1
• Size (sq ft): 1000
• Year Built: 1964

3789 Kipling, Memphis, TN 38128--Memphis Investment Property
Features
Bedrooms: 3
Bathrooms: 1
Parking Spaces: 1 Car Carport
Year Built: 1964
Lot Size: .20
Square Footage: 1000
Agent Name: Brett Clothier
Broker: Brett Clothier
Owner Agent: Yes
Pricing
Price: $31,900.00
Estimated Rent: $650-$750
Annual Taxes: $916.39
Zillow: $65,000
Previous Sale: $46,900 2/21/1997
Tax Assessed: $50,800
Rehab: $11,000
Estimated ARV: $57,500
Interior Amenities
Hardwood Floors
Attic
Exterior Amenities
Fenced Yard
Grass Lawn
Description
This is a nice three bedroom, one bath, brick property situated on a nice street in the Raleigh area of Memphis. This particular street in Raleigh is very nice with well maintained owner occupied homes. There are very few houses for sale or rent in this area. The subject property features a living room, dining room, kitchen, storage room, three bedrooms, and one bath. With rents of $650-$750, this property should rent quickly and offer an investor great positive cash flow with a significant equity position.


Repairs to include: interior paint, new floor coverings, HVAC system repairs, plumbing repairs, electrical repairs, house cleaning, and lawn maintenance.


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=2925225&ps=16 or reply to this ad.