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1261 CENTRAL AVE Memphis, TN 38104
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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Converted House
Listing Status Sold
Purchase Type For Sale
Subdivision Snowden Homestead
MLS Listing ID 10118160
Sold Date 08/24/22
Year Built 1917
Annual Tax Amount $4,199
Property Sub-Type Converted House
Property Description
Recently renovated Multifamily in Midtown Historic District. 100% occupied 6 unit with a rent roll of $3,740 per month. Owner/Agent and Manager can provide rent roll, financials, and other information. All 6 units occupied so 24 hour notice will be required to show. All tenants are now billed monthly utilities allowing for an additional $6,000 of expenses to be removed from the owner. Rent collections have been 100% of rent roll for 2020 and 2021. Call agent for more photos and information
Location
State TN
County Shelby
Area Central Gardens
Interior
Heating Central
Cooling 1 Window Unit per Unit, 2+ Window Units per Unit
Flooring Tile, Partial Carpet, Wood Laminate Floors
Equipment Refrigerator, Range/Oven (Freestanding)
Laundry Dryer in Unit, Washer in Unit
Exterior
Parking Features Concrete
Roof Type Composition
Building
Story 2
Foundation Conventional/Crawl Space
Water Gas
Others
Acceptable Financing Other
Listing Terms Other
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Bought with Kevin L Woods • Crye-Leike, Inc., REALTORS