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1469 Meredith Dr.
Single Family Home

Status For Sale
List Price $35,000.00
Units 1
Bedrooms 3
Baths 1
Est. Rent $900.00
SqFt 962
Lot Info
Year Built 1962
Lot Width 65
Lot Depth 217
Lot Sq. Ft. 14105
Acreage 0.304

Today we have a nice 3 bedroom wholesale deal in Mt. Healthy. This property is valued at $74,600 per county auditor records. The first home I bought after college to live in myself was in Mt. Healthy. I really like the small town feel of Mt. Healthy and the fact that it is still really close to everything, especially after they added Cross County Highway! My Grandma has lived in here for over 25 years! What I really like about this property is the fact that it is in a nicer community than most of the properties I have been able to offer to investors during my career (I have always concentrated on the cash flow market and until now you could not get a property located in Mt. Healthy that could be bought and rented out for proper cash flow income). Matter of fact this is the first time that I have been able to offer a property in Mt. Healthy at all. When I am evaluating properties that would make for good investments they have to present the opportunity for everyone involved to make good money, all the way from the person finding the deal to the the investor holding the property long term and everyone in between.
Less than 50 years old! Auditor says it is worth $74,600 and there are comps in the 80-85k range!
Location, Location, Location! Multiple exit strategies in a neighborhood like this one!
Get in and out of this property for less than $55,000 and have a conservative equity base of at least $20,000!