4128 Wales Ave, Memphis, TN 38128

Nice Newly REMODELED - 3 Bedroom, 1 Bath with low maintenance aluminum siding, 1 car garage with powered workshop, fenced yard and large utility room. Convenient Location to I-240. The house is in very good condition and has the following UPGRADES.-New paint throughout-Newly remodeled Bathroom features Tile Floors, Custom Bath Tile Surround, New Vanity and sink and fixtures.-Newly Tiled Kitchen floors-Recently updated Countertops-Refinished Hardwood Floors throughout. The house is available for Rent for $ 645 per month or can be Purchased on a Lease/Purchase contract for only $ 2500 down and $ 499 per month. The contract is for a fixed rate 30 year loan without any restrictions and no prepayment penalties. Also can be purchased for 15 year loan for only $ 575 per month.RENT TERMS:$ 645 Deposit plus $645 Rent. Full rental application Required. $ 25 application fee for credit check.Minimum verified income of $ 1800 required.If bankruptcy or recent eviction, then 3 months rent required up frontLEASE PURCHASE TERMS: $ 2,500 Down payment (No Credit Check Fee)Payment for 30 Year Lease Purchase (includes Tax and Insurance) = ONLY $ 499 per monthPayment for 15 Year Lease Purchase (includes Tax and Insurance) = ONLY $ 575 per monthFIXED INTEREST RATE, so your note will not change.Seller is willing to reduce the note for an increased down payment and will reduce the price an additional 5 percent for an outright sell. Great property for investors.RENT of BUY on LEASE PURCHASE (LESS THAN RENT !!)RENT TERMS:$ 645 Deposit plus $645 Rent. Full rental application Required. $ 25 application fee for credit check.Minimum verified income of $ 1800 required.If bankruptcy or recent eviction, then 3 months rent required up frontLEASE PURCHASE TERMS: $ 2,500 Down payment (No Credit Check Fee)Payment for 30 Year Lease Purchase (includes Tax and Insurance) = ONLY $ 499 per monthPayment for 15 Year Lease Purchase (includes Tax and Insurance) = ONLY $ 575 per monthFIXED INTEREST RATE, so your note will not change.