$695,000
Est. payment /mo
New
1034 PATTON ST Memphis, TN 38106
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Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Subdivision Latham
MLS Listing ID 10232090
Year Built 1964
Annual Tax Amount $8,427
Property Sub-Type Apartment Building
Property Description
60% occupied with the 3 units currently being marketed for rent at $785, and the final one needing minor cosmetic items to be ready to market. There is huge potential with this one due to the proximity of the xAI plants in Southaven and Memphis. Furnished units are commanding a premium rent in the area with flexible leases! Conveniently located across from the Gaston Community Center and Library. This building appraised at $802k. This can also be purchased as a package with 11 other properties at $1.62 million. Total appraised value is $1.82 million for the entire package.
Location
State TN
County Shelby
Area South Bluffs/Downtown
Interior
Heating Wall Heat
Cooling 1 Window Unit per Unit
Flooring 8 Feet, Wood Laminate Floors
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Foundation Slab
Water Gas
Listed by Alissa Fowler • CrestCore Realty MphsBrokerage
NEARBY SCHOOL & BUSINESS
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