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Sherwood Forest Rare Duplex!!! Massive Cash Flow!

Property Offered at: $175,000 - Corner Lot, Sperate Paved Parking, Fences Property, Seperate Meters!

3835 Kimball, Memphis, TN 38111

Purchase Price:$175,900 As is Price
195k Purchase Option for Turnkey Home(See Scope of Work For Details)
Actual Rent Range Unit # 1(2 Bed 1 Bath): $1095 – $1295(Per Side);
Actual Rent Range Unit # 2(1 Bed 1 Bath): $895 – $1095(Per Side);
Property to undergo a full rehab. See scope of work for details.
ARV: 183k – 185k(duplex appraisals can vary greatly. We do NOT guarantee appraisal values!)
Currently Occupied – Units need minor rehab, included in price!

Property Type: Residential Duplex
Beds/Baths: 2 Bedroom, 1 Baths/1 Bedroom, 1 Baths
# of Units: 2
Square Feet:1351
Occupancy Status: Vacant
Year Built: 1945(est)
Yearly Property Tax: $3060/annually(estimated based on new assessments – tax rates may be lowered in May 2025)

Property Details:

Sq/Ft Total

1351

Bathrooms

2 Full / Half

Bedrooms

3

Garage Spaces

1

Finacial Details:

Property Status

For Sale