17
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$1,200,000
Est. payment /mo
Price Dropped by $25K
1044 DELMAR AVE Memphis, TN 38105
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Key Details
Property Type Multi-Family, Condo
Sub Type Flat/Garden Units
Listing Status Active
Purchase Type For Sale
Subdivision Harvey
MLS Listing ID 10218077
Year Built 1912
Annual Tax Amount $29,477
Property Sub-Type Flat/Garden Units
Property Description
Great investment opportunity! Gated Delmar-Lema Village with 23 units near the Medical District. 6.9% pro forma cap rate. 1 bed/1 bath units with extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. All exteriors have fresh paint and newer roofing. Entire perimeter is fenced with solar powered double entry security gate installed at the entrance. Just blocks from the VA Medical Center, LeBonheur Children's Hospital, Regional One, and close to downtown Memphis. Surrounding area is currently being revitalized with many new & upcoming developments. Seller financing will be considered.
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Central
Cooling Central
Flooring Vinyl Floor
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Foundation Conventional/Crawl Space
Water Public Sewer, Public Water
Others
Miscellaneous Fully Fenced,Security Gate,Historic District
Listed by Dominey Shaw • Myers Cobb Realtors, LLC
NEARBY SCHOOL & BUSINESS
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