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1298 Carr Ave

Memphis, TN 38104
  • $475,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 10146864
Price Reduced
UPDATED: 29 min ago
$475,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

This unique multi family property has the possibility of long term and short term rental income . It includes a large owner's unit on the 1st floor. The total scheduled monthly income is 5720. Drive by only. Please do not disturb tenants.

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© 2023 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 Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-06-10T18:03:24.02.
www.redsearealtyco.com/homes/139020730
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1298 Carr Ave Memphis, TN 38104

  • Price: $475,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 29 min ago
  • MLS #: 10146864
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Annesdale
County:
Shelby
Area:
Central Gardens
Property Description
This unique multi family property has the possibility of long term and short term rental income . It includes a large owner's unit on the 1st floor. The total scheduled monthly income is 5720. Drive by only. Please do not disturb tenants.
Exterior Features

Buildings 1 Construction Brick/Veneer Foundation Slab Land Sq Ft 8460 Lot Size 60X141 Parking Facility Attached Roof Shingle/Shake

Interior Features

Cooling Systems 1 Window Unit Per Unit Floors And Ceilings Vinyl Floor Heating Systems Central Hot Water Electrical Improved Sq Ft 5805 Laundry Connections Leaseable Sq Ft 5805

Property Features

1 Bedroom Units 1 2 Bedroom Units 2 3 Bedroom Units 1 Annual City Tax 1784 Annual County Tax 2239 Annual Insurance Expenses 2995 Annual Operating Expenses 10844 Assumption No Assumption Average Annual Utilities 1800 Contingency Type No Contingency Efficiency Studio Units 2 Existing Financing Conventional Fixed Gross Potential Annual Rent 64640 Legal Subdivision Name N S Carr Lot Number 58 Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceSome UtilitiesRepairs/MaintenanceTaxes Other Units 1 Percent Occupancy 75 Possession Tenants Rights Sale Includes Building And Land Source Of Info Current RecordsLeasesRent Roll Tenant Pays Some Utilities Type Of Leases Year Type Of Units Efficiency/Studio1 Br - 1 Bath2 Br - 1 Bath

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike Commercial: 901-758-5670.



© 2023 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 Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-06-10T18:03:24.02.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654