This vacant property is ready for your vision. With a rental repair estimate of $15,000 and a flip-grade rehab estimate of $30,000, it offers excellent potential returns. Boasting an ARV of $110,000 and a market rent potential of $900/month, it's perfect for first-time homebuyers seeking an investment opportunity or a comfortable place to call home!
Property Details
Bedrooms
2
Bathrooms
1
Home Size
782 sqft
Lot Size
0.14 acres
Year Built
1949
MLS #
2672312
Heating
Electric
Cooling
Other
Pool
No
Days on Market
72
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Listing Details for 1745 Preston St
Interior Features
Kitchen Information
Cooling Information
Type: Other
Has Cooling: Other
Bathroom Information
Half Bathrooms: 0
Full Bathrooms: 0
Bedroom Information
Main Level Bedrooms: 2
Dining Room Information
Bonus Room Information
Fireplace Information
Number of Fireplaces: 0
Has fireplace: No
Flooring Information
Type: Carpet
Heating Information
Has Heating: Yes
Type: Electric
Interior Features
Den Information
Living Room Information
Basement Information
Basement Features: Other
Parking / Garage, School / Neighborhood, Utilities, Location Details
Parking / Garage Information
Garage Spaces: 0
Covered parking space: 0
Has Attached Garage: No
Has Carport: No
Has Garage: No
Total Parking Spaces: 0
Utilities Information
Sewer: Other
Water Source: Other
Waterfront
Is Waterfront Property: No
Senior Community
Is in Senior Community: No
Exterior Features
Green Energy Features
Roof Information
Exterior Features
Has Pool: No
Property / Lot Details
Lot Information
Lot Size Source: Assessor
Lot Size (Acres): 0.14
Lot Size Dimensions: 50X120
Stories: 1
County: Shelby County, TN
Parcel Number: 049025 00013
Property Information
Common Walls (property attached): No
Year Built Details: 1949
Possession: Close Of Escrow
Annual Tax Amount: $397
Number of Levels: One
New Construction: No
Original List Price:: $54,900
Property Sub-type: Single Family Residence
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1745 Preston St is a Single Family Residence in the neighborhood Philsar on a 0.14 acres lot in the Memphis, TN 38106 in Shelby County, TN. 1745 Preston St was built in year 1949 and features 2 bedrooms and 1 bathrooms with a total square footage of 782. 1745 Preston St has been on the market for 72 days and the most recent list price for this house is $54,900 which is lower than the average list price of amongst similar listings in Memphis. There are 9 other homes for sale in the vicinity of 1745 Preston St; 1432 Horace St, 119 E Trigg Ave and 616 E Dempster Ave. The elementary school near 1745 Preston St is A. B. Hill Elementary, for Middle
school, A. Maceo Walker Middle and High School it's Houston High School. The MLS ID for 1745 Preston St is RTC2672312. Nearby things to do include Steinworld Furniture, Southgate Liquor Store, Third Street Bakery & Donuts, Payless Shoesource, Dollar Tree, New York Grocery, Church’s Fried Chicken, Preston Groceries, Walgreens, Essence Beauty Supply.