1292 Court Ave, Memphis, TN 38104
- $449,900
- List Price
- $449,900
- MLS#
- 10229640
- Property Type
- Multifamily
- Lot Size
- 100X100
- Status
- ACTIVE
Property Description
Value-add multifamily opportunity in Midtown Memphis! This 8-unit property features a desirable mix of four studios and four- 1 bedroom 1 bath units. Four units are currently occupied $750-$900 The remaining four units consist of two studios and two- 1 bedroom units and are partially renovated and in need of completion Property offers an opportunity for an investor to complete renovations, improve operations, and stabilize the asset. Offered at ~$56,000 a door. Conveniently located near Downtown Memphis, Medical District, and Midtown amenities. Property being sold As-Is. Please do not disturb tenants.
Additional Information
- Actual Annual Rent
- 39600
- Annual City Tax
- 2525
- Annual County Tax
- 2632
- Construction
- Brick
- Foundation
- Conventional/Crawl Space
- Hot Water
- Gas
- Legal Subdivision
- Beauregard Pl
- Lot
- 15-16
- Lot Size
- 100X100
- New Financing
- Other (Call LA)
- Occupancy
- 50
- Parking Facility
- Gravel
- Roof
- Pitched
- Stories
- 2
- Subdivision
- BEAUREGARD PLACE
- Subtype
- Apartment Building
- Tenant Pays
- Some Utilities
- Year Built
- 1960
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Listing courtesy of Renshaw Company, REALTORS.
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