• Address: 4256 Gladstone St, Memphis, TN 38128 (map)
• Date Posted: 11/05/09
• Bedrooms: 3
• Bathrooms: 1
• Size (sq ft): 1309
• Year Built: 1970

4256 Gladstone, Memphis, TN 38128--Memphis Investment Property
Features
Bedrooms: 3
Bathrooms: 1
Parking Spaces: Driveway
Year Built: 1970
Lot Size: .19
Square Footage: 1309
Agent Name: Brett Clothier
Broker: Brett Clothier
Owner Agent: Yes
Pricing
Price: $34,900.00
Estimated Rent: $625-$725
Annual Taxes: $1,102.20
Zillow: $63,500
Previous Sale: $16,495 12/8/1969
Tax Assessed: $61,100
Rehab: $14,500
Estimated ARV: $59,000
Appliances
Range/Oven
Dishwasher
Exterior Amenities
Fenced Yard
Grass Lawn
Description
Here is a great property in a nice Raleigh area with vinyl and brick exterior, a nice open kitchen, large corner lot with plenty of shading, and large bedrooms. This home is tucked away in a nice neighborhood and should rent quickly to quality tenants. With a cash on cash return of OVER 50% and solid positive monthly cash flow, this property would be a nice little investment for an investor.


Rehab to property to include new fence on the exterior, new exterior paint, and servicing the: HVAC system, electrical system, plumbing systems. Landscape work will be done on the exterior to improve curb appeal as well as an interior cleaning to elevate the interior presentation of the property.


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=2932547&ps=16 or reply to this ad.

Print Ad