Address
1680-1686 KANSAS ST, Memphis, TN
Price
$ 1,450,000
Property Attributes
- MLS#10123510
- TypePending
- CountySHELBY
- CityMemphis
- AreaSouth Memphis-61 Hwy
- NeighborhoodSOUTH MEMPHIS LAND CO
- Zip38109
- StyleApartment Complex
- Year Built1954
- Taxes$ 8171
- Price$ 1,450,000
- Bedrooms22
- Full Bathrooms22
- Half Bathrooms0
Data Source:
Memphis MLS (MAAR)
Property Description
Welcome to Sunny Grove Apartments! This 22-unit listing is two buildings and one graveled parking lot. Building addresses are 1680 Kansas St (12 units) and 1686 Kansas St (10 units) and lot address is 1683 Kansas. It is a fully renovated and stabilized property that would be perfect for a 1031 exchange or any investor looking for a low-maintenance, cash-flowing property. $13,305 current monthly rent. Owner is offering a 1-year income guarantee. More information can be found on Loopnet and Crexi.
| Price History | |
|---|---|
| 5/9/2022 | Listed $1,600,000 |
| 5/26/2022 | 10% - $1,450,000 |
General Features
| Roof | Composition |
|---|---|
| Construction | Brick |
| Amenities | Security System,Dumpster,Privacy Walls/Fences |
| Status | Pending |
| Legal Subdivision Name | SOUTH MEMPHIS LAND CO |
| Class | Multi-Family |
| Laundry Y/N | Common Laundry |
| Type | Apartment Complex |
| Area | 747A |
| Status | Pending |
| OPERATING EXPENSES | Management,Insurance,Some Utilities,Repairs/Maintenance,Taxes |
| Area | South Memphis/61 Hwy |
| Service Type | Full Service Listing |
| HEATING SYSTEMS | Electrical,Individual Systems |
| COOLING SYSTEMS | Electrial,Individual Cooling |
| Year Built | 1954 |
| City | Memphis |
Interior Features
| Hot Water | Electrical,Individual System |
|---|---|
| Total # of Units | 22 |
| # 1 Bedroom Units | 22 |
| FLOORS/CEILINGS | Vinyl Floor |
Exterior Features
| Foundation | Slab,Laundry Facility |
|---|---|
| Number of Buildings | 2 |
| Lot Size | 72.38 X 243.7 |
| MISCELLANEOUS EXTERIOR | Sidewalks,Wood Fence,Security Gate |
| Parking Facility | Concrete,Gravel,1 Per Unit |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 38109
Price
Taxes
Visits
Year Built
Walkscore
Copyright © 2024 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Listing information provided courtesy of the Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Updated: May 15, 2024 2:23 PM UTC
