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$249,000
Est. payment /mo
3,225 SqFt
Active
734 LANE 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
Square Footage 3,225 sqft
Price per Sqft $77
Subdivision Carringtons Lane Ave
MLS Listing ID 10226944
Year Built 1953
Annual Tax Amount $2,794
Property Sub-Type Flat/Garden Units
Property Description
Six 1/1 units with $50k annual gross income potential. Steps away from St. Jude main campus and perfectly positioned to provide housing to the staff that keep such a great mission going! 5/6 units occupied. Market rents between $550-$695. Lot's of meat on the bones to make this the star of your real estate investment portfolio. No wholesales, creative financing. Do not disturb tenants. Showings with accepted contract for sale (make contingent on inspection).
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Gas, Wall Heat
Cooling Other (See Remarks)
Flooring Hardwood Throughout, Tile, Vinyl Floor
Laundry None
Exterior
Parking Features Offsite/Street
Roof Type Shingle/Shake
Building
Foundation Slab
Water Electrical, Gas
Listed by August P Pacente • Revid Property Management, LLC
NEARBY SCHOOL & BUSINESS
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