Property Attributes
- MLS#10167542
- TypeMulti-Family
- CountySHELBY
- CityMemphis
- AreaCentral Gardens
- NeighborhoodANNESDALE
- Zip38104
- StyleApartment Complex
- Year Built1956
- Taxes$ 24968
- Price$ 1,750,000
- Bedrooms24
- Full Bathrooms24
- Half Bathrooms0
Data Source:
Memphis MLS (MAAR)
Property Description
Great Investment opportunity with 24 one bedroom units 100% occupied. This property has many recent upgrades including new roof, exterior painting and more. Leco Realty has professionally managed property for several years. Annual cash flow numbers /rent rolls available upon request. Laundry facilities on site for additional income. Please do not disturb or contact any tenants. Make any offer subject to inspections. Property is being sold "as is". Property sold subject to tenants rights.
Price History | |
---|---|
3/9/2024 | Listed $1,980,000 |
4/19/2024 | 12% - $1,750,000 |
General Features
Roof | Composition |
---|---|
Zoning | RU-4 |
Construction | Brick |
Amenities | Other (See REMARKS) |
Status | Active |
Legal Subdivision Name | MEACHAM&VOORHEIS |
Class | Multi-Family |
Laundry Y/N | Common Laundry |
Type | Apartment Complex |
Area | 746F |
Status | Active |
OPERATING EXPENSES | Management,Insurance,Trash Collection,Repairs/Maintenance,Taxes |
Area | Central Gardens |
Service Type | Full Service Listing |
HEATING SYSTEMS | Gas |
COOLING SYSTEMS | Other (See Remarks) |
Year Built | 1956 |
City | Memphis |
Interior Features
Hot Water | Other (See REMARKS) |
---|---|
Total # of Units | 24 |
# 1 Bedroom Units | 24 |
FLOORS/CEILINGS | Partial Carpet |
Exterior Features
Foundation | Slab |
---|---|
Number of Buildings | 1 |
Lot Size | 125X200 |
Parking Facility | Asphalt/Blacktop |
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