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2767 WAVERLY AVE Memphis, TN 38114
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Key Details
Sold Price $157,500
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Subdivision Fairland
MLS Listing ID 10040864
Sold Date 08/29/19
Year Built 1964
Annual Tax Amount $2,356
Property Description
Six unit apartment complex near Memphis Country Club and the Fairgrounds. Each unit is 2 bedrooms & 1 bathroom (12 beds total). As of June 2019, 5 units are rented out & 1 is vacant. Professionally managed. It appears the average rent is $450 per unit. This is an excellent opportunity to buy in this area. Owner continues to spend money on this property and stabilize the asset. Could be a great opportunity for a buyer wanting multifamily. Drive-by only...do not disturb the tenants.
Location
State TN
County Shelby
Area Pendleton/Park
Interior
Heating Other (See Remarks)
Cooling 1 Window Unit per Unit
Flooring Vinyl Floor
Equipment Other (See REMARKS)
Laundry Connections
Exterior
Parking Features Asphalt/Blacktop
Roof Type Shingle/Shake
Building
Story 1
Foundation Slab
Water Other (See REMARKS)
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Adrienne K Price • 901 Properties