Wholesale

FORMER HOME OF BLUES LEGEND ISAAC HAYES!!!

9280 Riveredge Dr, Cordova, TN 38018

$900,000 After Repair Value -
$552,000 Asking Price -
$50,000 Cost of Repairs =
$298,000 Potential Profit

Property Details

Asking Price $552,000

After Repair Value $900,000

Costs of Repairs $50,000

Potential Profit $298,000

Living Area 7500 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 6

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

This home was formerly purchased and owned by singer Isaac Hayes for a purchase price of $1.5 million. Current market value is around $850k-$900k and could easily be sold for $1 million plus after rehab is completed.

Asking price: $552,000
Repair costs: $50k-90k

THIS HOME IS A STEAL!!

4 bedrooms, 6 bathrooms 7,500 sq ft 4 car garage with storage, professional appliances included, located in very nice suburban neighborhood surrounded by great stores and even better schools!

Recent repairs completed:
1) Roof completely redone
2) All new furnaces
3) new pool pump
4) central HVAC system
5) foundation lifted and restabilized
6)Plumbing and electrical are fine

Home needs new flooring which will cost around 30k depending on style of flooring. Ceiling upstairs does have some water damage so that area of the roof needs some work. Other repairs are minor.

Repairs Needed

Ceiling, flooring, paint

CONTACT LISTING OWNER

Mike Briggs

Free Member

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