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Updated about 6 years ago,
Cheap Handyman Special In Memphis-Buy It For $6,800 Fix & Rent
REDUCED!! If you are a handyman and looking for a cheap property to completely mold into your own or rent for an ROI in a short period of time then this property is for you. This is a 2/1 in South Memphis. This property is 1 mile from a major shopping Plaza, less than 2 blocks fro PineHill Golf Course, and less than a mile from the i-240 and i-55 junction. This house is down to the studs because the rehabber passed away before he could finish. This one really needs everything, I estimate $15k-$20k to rehab. This is a wholesale deal and there is no room at all for a flip after the flip. This is idea for a contractor that can do their own work to reduce cost. The neighborhood is a mixture of senior citizens and working-class people that care about their community.
HOUSE IS VACANT - There is a major rehabber buying in the area and renting them before they are finished.
This property is one of several that the heirs of the deceased will be selling. You can see a video at https://youtu.be/9Oj1auEEzAg