MemphisInvest.com Blog

Saturday, November 14, 2009

Very nice Memphis Investment Property in Fox Meadows neighborhood of Memphis.

3322 Foxwood, Memphis, TN 38115--Memphis Investment Property

Main Photo

Location:
Fox Meadows Neighborhood, Memphis, TN

This Fox Meadows home is one that any Memphis real estate investor should not want to miss! As far as discounted properties go in Memphis, this brick, three bed, two bath, two car garage home tops the charts when compared to other opportunities. Being located in a fantastic and historical neighborhood of Memphis, the home should rent or lease option to a tenant very quickly. Having a nice fenced in backyard, a storage shed, corner lot, and great monthly positive cash flow are just a few of the reasons you should consider this property for your next investment! Memphis Invest has been bombarded this year with investors who are looking for the best deals and this one definitely qualifies! If you are looking to invest in Memphis real estate, make sure are working with one of the top Turnkey investment real estate providers in Memphis.

Repairs to this property to include: new interior paint, new floor coverings, service all systems, landscape yard, and house cleaning.

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.


Investment Property Pricing
Price: $67,900
Estimated Rent: $900-$1,050
Annual Taxes: $1,827.38
Zillow: $102,000
Previous Sale: $114,500
Tax Assessed: $101,300
Rehab: $14,000
Estimated ARV: $105,000

Memphis Investor Property Location
3322 Foxwood
Memphis, TN 38115
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Features
Bedrooms: 3
Bathrooms: 2
Parking Spaces: 2 Car Garage
Year Built: 1971
Lot Size: .27
Square Footage: 1640

Memphis Investment Property Photo Gallery

Monday, November 9, 2009

Investment real estate continues to fall in pricing...Making EXTREME bargains for Memphis investment newcomers and pros!

Raleigh is a fantastic area of town for real estate investors. There are many great features to this part of town including access to freeways, proximity to hospitals, schools and shopping as well as several new projects bringing additional jobs. Raleigh is one of the more popular areas for Memphis Invest to purchase investment properties as our clients like the pricing, the returns and the steady rental area. We have attached an appraisal to the property from a certified appraiser and are developing a full rehab list. Call us today and ask how you can get started investing with our Full Turn-Key investment services company.

3789 Kipling, Memphis, TN 38128

Main Photo

This is a nice three bedroom, one bath, brick property situated on a nice street in the Raleigh area of Memphis. This is a high quality Memphis investment property and is a very good additional for any investor looking to invest in Memphis real estate. 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 house absolutely feels larger than it is and 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 a Memphis real estate 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.
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

Property Location
3789 Kipling
Memphis, TN 38128
View Map

Features
Bedrooms: 3
Bathrooms: 1
Parking Spaces: 1 Car Carport
Year Built: 1964
Lot Size: .20
Square Footage: 1000

Attributes
Interior Amenities
Hardwood Floors
Attic
Exterior Amenities
Fenced Yard
Grass Lawn
Photo Gallery