Thank you
Reed Rickenbach
Diversified Real Estate
501-765-4833
$89k/Unit for this East Memphis 6-Unit! Property is located 2.4 miles from University of Memphis. Fully occupied and bringing in $4,400 per month with a proforma/potential rent of $5,500+. $85k+ in capital improvements in the last 24 months to include: Interior Renovation, New Roof, Perimeter Fence, HVAC, Exterior Lighting, Tree Removal & more. Tenants pay all utilities other than water. DO NOT DISTURB TENANTS. Accepted offer needed before touring.
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Built Year: 1965
Lot Size: 9474
Lot#: 1
Sale/Rent: For Sale
Type: Apartment Building
Area: Getwell/Park
Subdivision: SOUTHLAWN COMMERCIAL
City: Memphis
County: Shelby
State: TN
Zip: 38111
Directions: North on Getwell, East on Southlawn
Property Status: Active
List Price: $539,000
ListingId: 10170065
Annual City Tax: $1183
Annual County Tax: $1485
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
540 Haynes, Memphis, TN,38111 | $119,900 | 2 | 1 | 100-999 | 0.17 Acre |
411 Hodges, Memphis, TN,38111 | $168,000 | 2 | 2 | 1000-1199 | 0.16 Acre |
556 Lundee, Memphis, TN,38111 | $139,900 | 2 | 1 | 100-999 | 0.25 Acre |
275 S Holmes, Memphis, TN,38111 | $336,500 | 3 | 2 | 1800-1999 | 0.18 Acre |
1591 Railton, Memphis, TN,38111 | $119,000 | 3 | 1 | 100-999 | 0.22 Acre |
4060 Robinwood, Memphis, TN,38111 | $1,469,000 | 4 | 3.5 | 5000-5499 | 0.7 Acre |
85 E Lafayette, Memphis, TN,38111 | $236,500 | 2 | 2 | 1400-1599 | 0.15 Acre |
3573 Douglass, Memphis, TN,38111 | $352,900 | 4 | 2 | 1600-1799 | 0.18 Acre |
580 S Greer, Memphis, TN,38111 | $290,000 | 3 | 2 | 2000-2199 | 0.22 Acre |
2805 Madison, Memphis, TN,38111 | $225,000 | 3 | 2 | 1200-1399 | 0.23 Acre |
The multiple listing information is provided by MAAR MLS. Copyright © 2024 MAAR MLS. All Rights Reserved. Information deemed reliable but not guaranteed accurate. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose web site is being visited
ByOwner last updated this listing 04/29/2024 @ 22:41
MLS: 10170065
LISTED BY: Reed Rickenbach, Diversified Real Estate
SOURCE: Memphis Area Assoc. of REALTORS® - MAAR
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.