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2 Occupied, Fixer-Upper Rental Houses for $40K! (jackson tn)

2 Occupied, Fixer-Upper Rental Houses for $40K! (jackson tn)

  2 Occupied, Fixer-Upper Rental Houses for $40K! jackson tn

Ad id: 501178683758725
Views: 6
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2 FOR $40K/ cash
BOTH homes are less than half mile from University of Memphis-Lambuth campus and within 2 miles to Lane College

located in jackson tennessee ...120 miles west of nashville and 80 miles east of memphis right on Interstate 40. JACKSON BOASTS SIX COLLEGES: (Univ. of Memphis- Jackson satellite campus; University of TN-Martin satellite campus, Bethel, Union, Lane, and Jackson State Community College). as well as TONS OF INDUSTRY! (Huge health care industry, huge legal industry, plus Delta Faucets, Armstrong floors, Pringles, Kelloggs, etc etc)

Two Rental Homes, Both currently occupied, BOTH NEEDING WORK.
THIS IS THE ROCK BOTTOM PRICE. (Otherwise we will evict, renovate and sell in the spring for more than double these prices.)

119 Alexander Street, Jackson TN
(currently on MLS for $24,900)
3+ BR, 1 BA
Currently rented for $500/ month but could be 700-800 upon renovation
zillow value: 52,518

337 Gordon Street, Jackson TN
(currently on MLS for 29,900)
2 or 3 BR, 1 BA
Currently houses a handyman working on the house paying no rent
but rent could be 600-700 a month upon renovation
zillow value: 49,466

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Last Updated on: February 22, 2018
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