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1581 N PARKWAY PKY Memphis, TN 38112
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Key Details
Sold Price $191,250
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,999 sqft
Price per Sqft $63
Subdivision Woodland
MLS Listing ID 9973400
Sold Date 04/27/16
Style Traditional
Bedrooms 4
Full Baths 3
Year Built 1930
Annual Tax Amount $5,523
Property Sub-Type Built as Duplex
Property Description
Look at this fully renovated midtown duplex, minutes from the Zoo, Greenline, Rhodes College and booming Sears Crosstown areas. Each unit has two full bedrooms, large kitchens, high ceilings and hardwood floors--easily attracting the best tenants and the highest rents. Great management: 0% Vacancy w/ over 10% cap rate. The common laundry and basement storage have potential for increased profit. Built as a duplex! Central heat and air, off street parking and alley access. $1845 in monthly income.
Location
State TN
County Shelby
Area Overton Park
Rooms
Dining Room 13x12
Interior
Interior Features All Window Treatments
Heating Central
Cooling Central Cooling
Flooring Hardwood Throughout
Equipment Refrigerator, Dishwasher, Smoke Detector(s)
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Level
Story 2
Foundation Partial Basement
Water Gas
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Kelly N Erb • Marx-Bensdorf, REALTORS