Memphis Investment Opportunity: 1355 Ethlyn Ave
Discover a fantastic investment opportunity in the heart of Memphis! This charming single-family home at 1355 Ethlyn Ave offers a solid foundation for a profitable flip or a valuable addition to your rental portfolio. With good bones and a prime location, this property is ready for its next chapter.
Property Details
- Address: 1355 Ethlyn Ave, Memphis, TN 38106
- Property Type: Single-Family Residence (SFR)
- Bedrooms: 2
- Bathrooms: 1
- Square Footage: 696 sqft
- Year Built: 1956
- Condition: Good
Deal Numbers
- Asking Price (Assignment): $45,000
- After Repair Value (ARV): $90,000
- Estimated Repairs: $20,000
- Assignment Fee: TBD
- Equity After Repairs: $25,000
- Closing Timeline: 30 days
Why This Deal?
This property presents a clear path to significant equity, offering a $25,000 profit margin after estimated repairs. Its desirable Memphis location and manageable scope of work make it an ideal project for investors looking for a straightforward and rewarding venture. Don’t miss out on the chance to capitalize on this promising asset.
Ready to Secure This Opportunity?
This is a prime opportunity for a savvy investor. If you’re ready to add this promising property to your portfolio, contact us today to get the contract and take the next step. We’re here to help you move forward with confidence.