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Updated almost 9 years ago,

User Stats

147
Posts
97
Votes
Haim Mamane Palman
  • Investor
  • San Francisco, CA
97
Votes |
147
Posts

Memphis - Cooper Young Fix and flip opportunity

Haim Mamane Palman
  • Investor
  • San Francisco, CA
Posted

Built in 1920, this charming 3/2 1692 sqft Single Family Home located in highly desirable Cooper Young neighborhood.

House located on a corner lot and has good size fenced back yard with two-car carport. This house has a lot of character and will be a great Fix and Flip project with huge upside as a 4th bedrooms can be easily added and the house is in fairly good shape.

My repairs estimate for a retail grade flip would be 20-25k (I'm not a contractor)

Check out the pictures and video and see for yourself.

Pictures Link (59)

Video Link

After Repair Value: 185-195k

Comparable Sales:

- 940 S Cox St, Memphis, TN 38104 3 beds 2 baths 1,600 sqft $207,500 Sold on 12/31/15

- 2037 Nelson Ave, Memphis, TN 38104 3 beds 2 baths 1,523 sqft $201,500 Sold on 12/15/15

- 1994 Walker Ave, Memphis, TN 38104 3 beds 2 baths 1,550 sqft $185,000 Sold on 10/14/15

- 2075 Nelson Ave, Memphis, TN 38104 3 beds 2 baths 1,904 sqft $209,900 Sold on 09/18/15

- 2011 Evelyn Ave, Memphis, TN 38104 2 beds 2 baths 1,470 sqft $190,000 Sold on 03/26/15

- 972 Evelyn Ave, Memphis, TN 38104 2 beds 2 baths 1,800 sqft $217,000 Sold on 04/24/15

Access: Please call (901) 602-7874 or email to [email protected]

Note: It shows pending on the MLS because we are the winning bidders. You can close on this ASAP.

Offering