Address
1036 PALERMO AVE, Memphis, TN
Price
$ 65,000
Property Attributes
  • MLS#10150054
  • TypeSingle Family
  • CountySHELBY
  • CityMemphis
  • AreaSouth Memphis-61 Hwy
  • NeighborhoodHERNANDO TERRACE BLK C
  • Zip38106
  • StyleTraditional
  • Year Built1924
  • Taxes$ 877
  • Price$ 65,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1200
  • Lot Size6,970 SqFt
Data Source:
Memphis MLS (MAAR)
Property Description

INVESTORS ONLY! Tenant occupied property! Professionally managed brick home with covered parking! Current tenant wants to stay & pays on time. Current rent is $750 & we have lease, ledger, & repair history. This could be an excellent addition to your rental portfolio. Please do not disturb or approach tenant. Cash offers strongly preferred. Many homes in this area being rehabbed & sold for more money. No wholesalers or assignments. Make your offer contingent on interior inspection.

Price History
6/21/2023 Listed $79,900
7/25/2023 13% - $69,900
4/3/2024 8% - $65,000

General Features

Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Status Active
Full Baths 1
Legal Subdivision Name HERNANDO TERRACE BLK C
Style Traditional
Stories 1
Class Residential
Type Detached Single Family
Area 747E
Status Active
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1924
City Memphis

Interior Features

Living Room Pantry
Beds 3
Number of Rooms 6
Heated SqFt 1200-1399
Downstairs Bedrooms 3
FLOORS/CEILINGS Tile

Exterior Features

Pool None
Car Port Carport
Lot Size 50X140
Lot Description Some Trees
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Porch,Patio

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 Single Family Average in 38106

Price
AVG $110K
$70K
Taxes
AVG $1,115
$877
Visits
AVG 154
350
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1924
Walkscore
AVG 41
13
Data Provided by Walkscore® not using MLS data

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