Fixer Upper - Seller Financing
Address
147 STONEWALL ST, Memphis, TN
Price
$ 1,550,000
Property Attributes
- MLS#10170194
- TypeMulti-Family
- CountySHELBY
- CityMemphis
- AreaCentral Gardens
- NeighborhoodN W SPEERS
- Zip38104
- StyleApartment Building
- Year Built1963
- Taxes$ 9003
- Price$ 1,550,000
- Bedrooms22
- Full Bathrooms11
- Half Bathrooms0
Data Source:
Memphis MLS (MAAR)
Property Description
ASSUMABLE LOAN: Seller financing assumable upon lender approval 10 of 11 units upgraded, occupied, and cash flowing. Many major CapEx already done for the new owner (more in docs) Seller will pay 6 mo. of management fees if buyer retains current manager on 12 month agreement. 11th unit is LARGE 2 story unit in the southwest corner of the building. Unit needs work to occupy. Helpful docs in the docs page including cash flows, rent roll, CapEx, etc. Showing occupied units with accepted offer.
| Price History | |
|---|---|
| 4/17/2024 | Listed $1,550,000 |
General Features
| Roof | Flat |
|---|---|
| Construction | Brick/Veneer |
| Status | Active |
| Legal Subdivision Name | N W SPEERS |
| Class | Multi-Family |
| Laundry Y/N | Common Laundry,Connections,Equipment Owned |
| Type | Apartment Building |
| Area | 746B |
| Status | Active |
| OPERATING EXPENSES | Management,Insurance,Taxes |
| Area | Central Gardens |
| Service Type | Full Service Listing |
| HEATING SYSTEMS | Central,Gas |
| COOLING SYSTEMS | Central |
| Year Built | 1963 |
| City | Memphis |
Interior Features
| Hot Water | Gas |
|---|---|
| Total # of Units | 11 |
| # 2 Bedroom Units | 11 |
| FLOORS/CEILINGS | Tile,Vinyl Floor,Other (See Remarks) |
Exterior Features
| Foundation | Slab |
|---|---|
| Number of Buildings | 1 |
| Lot Size | 90 X 182.38 |
| MISCELLANEOUS EXTERIOR | Sidewalks,Security Lighting,Some Landscaping,Wood Fence,Ceiling Fan(s) |
| Parking Facility | Concrete,Offsite/Street |
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 Multi-Family Average in 38104
Price
Taxes
Visits
Year Built
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 5, 2024 9:33 AM UTC
