Perfect Investment in South Downtown Memphis – Fixer Upper House

This house is located at 1555 Victor St – Memphis TN. It is a 45.5×150 lot, Residential area, streets on both front and back – Victor St and Webb St.

The house is a Single Family Home, big windows, in a very quiet and well established street and crime watch neighbors in South Memphis. It has 2 bedrooms, 1 bath in main floor, plus a big basement for more 2 bedrooms, man cave or studio. Home is for sale as-is and needs a complete rehab. Roof and walls are good. Can be a great property with a good repair.

• 6,825 sq ft lot size

• 1,056 sq ft

• Potential Market Value: $39,600

• Rehab estimate: $10,000 to $15,000

• Dimensions 45.5 X 150

• Rental Estimate: $600

For sale by owner so transaction is simple and fast.

Can be a great investment with a good repair.

Asking Price $7,000 or Owner Financing:

Down $1,000 plus 18 months of $360.00

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