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1178 N Evergreen St

Memphis, TN 38108
  • $265,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 10161406
UPDATED: 149 min ago
$265,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

MAJOR PRICE REDUCTION! ALL OFFERS WILL BE CONSIDERED! Perfect opportunity to enter the multifamily investment game with this well functioning 6 unit building. All 2Br units with tenants paying their own utilities. Units have been recently rehabbed after the pandemic. All units rented at 600/month. Rentometer shows rents in area much higher, so room to grow!

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© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | Centric Realty LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-02-23T00:03:16.857.
www.yournewhomekey.com/homes/145445047
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1178 N Evergreen St Memphis, TN 38108

  • Price: $265,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 149 min ago
  • MLS #: 10161406
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
Union Land & Improvement Co
County:
Shelby
Area:
Vollintine/Northside
Property Description
MAJOR PRICE REDUCTION! ALL OFFERS WILL BE CONSIDERED! Perfect opportunity to enter the multifamily investment game with this well functioning 6 unit building. All 2Br units with tenants paying their own utilities. Units have been recently rehabbed after the pandemic. All units rented at 600/month. Rentometer shows rents in area much higher, so room to grow!
Exterior Features

Buildings 1 Construction Brick Foundation Slab Land Sq Ft 9760 Lot Size 73X133 Parking Facility Asphalt/Blacktop Roof Shingle/Shake

Interior Features

Appliances Equipment Range/Oven (Freestanding)Refrigerator Cooling Systems 1 Window Unit per Unit Floors And Ceilings Vinyl Floor Heating Systems ElectricalGasIndividual Systems Hot Water Gas Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 6 3 Bedroom Units 0 Annual City Tax 907 Annual County Tax 1138 Annual Insurance Expenses 5664 Assumption No Assumption Average Annual Utilities 2800 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 43200 Legal Subdivision Name UNION LAND & IMPROVEMENT CO Lot Number 1 Multifamily Type Other (See REMARKS) New Financing Other (Call LA) Operating Expenses InsuranceRepairs/MaintenanceTaxes Other Units 0 Percent Occupancy 100 Possession Negotiable Sale Includes Building and LandSome AppliancesSome EquipmentSome Furnishing Source Of Info LeasesOwnerRent Roll Tenant Pays All Utilities Type Of Leases Year Type Of Units 2 BR - 1+ Baths

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of homecoin.com: 888-400-2513.



© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | Centric Realty LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-02-23T00:03:16.857.
 
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Your New Home Key | Centric Realty LLC
813 Ridge Lake Blvd
Memphis TN, 38120