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Excellent Cash Flow and Instant Equity with this Move-In Ready Investment Property
For ONLY
 
$69,900


       4842 Arsenal Cove



Front of House

            
             Back Exterior                   Patio

Outdoor Grill

    We’ve got another fantastic Memphis investment property available in Raleigh.  The same caring owner has owned this house since 1983 and it is in pristine condition.  This house is move-in ready and needs no rehab unless you want to update the wall paper in the kitchen and hallway.  Situated at the end of the cove, the well landscaped property features a large backyard and covered patio with a wonderful outdoor kitchen.  The inside features three bedrooms, two bathrooms, living room, den and dining room.  The kitchen appliances are included with the house.  The separate laundry room includes the washing machine but will need a new dryer.  This property is 1,600 square feet with an attached 2 car carport.  Other features include a brand new water heater, central heat & air plus a gas wall heater in the den.  Only 1.5 miles from Bartlett and close to nearby schools, this home is located in a prime location. 

     If you are looking to invest in Memphis real estate, this property should rent quickly for $750-$850 per month, providing outstanding positive cash flow and instant equity. 

     Not a Memphis real estate investor?  That’s ok!  This home is move-in ready and can be purchased at a significant discount, which will make your monthly payments more affordable.

If you are interested in purchasing this property either give us a call or send us an email.  Contact us Now

Pricing

• Price: $69,900.00
• Appraised value: $92,000 (11/12/09)
• Estimated Rent: $750-$850
• Annual Taxes: $2,177
• Zillow: $109,00
• Previous Sale: $60,000 5/13/1983
• Tax Assessed Value: $120,800
• Rehab: $2,000