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Bartlett Rehab – Tons of Equity and Cash Flow

Property Offered at: $145,000 - Gorgous Memphis/Bartlett Subdivision

7240 Butterfly, Memphis, TN 38133

Address: 7240 Butterfly Memphis, TN 38133

Purchase Price:$145,000 As is/$195,00 With Full Rehab(See Scope of Work For Details)
Actual Rent Range: $1595 – $1795
Home in good condition, moderate repairs needed. Not included in price.
ARV: 200k – 215k

Property Type: Residential Single Family
Beds/Baths: 3 Bedroom, 2 Baths
# of Units: 1
Square Feet:1635(Avg)
Occupancy Status: Tenants on month to month, require 30 day notice to vacate.
Year Built: 1949(est)
Yearly Property Tax: $2000/annually(estimated)
Newer roof, all brick construction. Separate water meters, electric is combined and tenants split utilities. You can add a new electric service panel for about $5500. Home in good condition, sale is as is.

Property Details:

Sq/Ft Total



2 Full / Half



Garage Spaces


Finacial Details:

Property Status