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5 bedroom house for sale


USA - Tennessee, Shelby County, Memphis

  • 1022mcevers

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Call 0843 313 0463

Full description:

This unit can easily be converted to it’s highest and best use – 2 unit college housing! Situated 5 minutes from the University of Memphis Campus, the larger unit will rent for $795 and the small unit for $695. Strong recent normal sales place this property at an anticipated 90k – 100k USD appraisal, which represents a true 20% equity position. Can be financed in a variety of ways. The pictures speak for themselves. Price includes repairs, as follows: new roof, interior paint, all permitting, new a/c unit, and floor poly/refinishing.

This property qualifies for Robert Feol’s Short Term Retirement Program – a simple, non qualifying permanent lending program where you bring 50% of the purchase price as a down payment, and we will finance the rest over a 5 or 7 year period. All Short Term Retirement loans feature a fixed rate and full amortization, meaning after 5 – 7 years you own your investment home free and clear, without any lien on it.

You can also purchase using private hard money 0r use cash to acquire the property also.

Property is offered completely turnkey, and we have management in place through several proven and reliable, licensed management companies here locally.

Massive cash flow property, with a diverse array of profitable exit strategies.

House icon shows the general area of the property as the exact location has not been given

To view this property or request more details, contact
Discount Property Warehouse, Memphis

748 Crossover Lane Memphis TN 38117
0843 313 0463  BT 4p/min


This is a property advertisement provided and maintained by Discount Property Warehouse, Memphis (reference 1022) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

or call 0843 313 0463
Calling from outside the UK? 0019012586944

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