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1515 Madison Ave

Memphis, TN 38104
  • $499,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 10146305
Price Reduced
UPDATED: 20 min ago
$499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

$49,668/yr gross income! Single family home divided into multi-units; four in main house and one apartment above garage in back. Property renovated in 2017 including new HVAC. Roof on the main house (not back house) was replaced in 2019. Some units have been updated with new flooring, countertops, appliances. Onsite laundry room. 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: 2023-06-09T09:03:10.547.
www.redsearealtyco.com/homes/138743792
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1515 Madison Ave Memphis, TN 38104

  • Price: $499,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 20 min ago
  • MLS #: 10146305
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1956
Built
Neighborhood:
Horn Brothers
County:
Shelby
Area:
Central Gardens
Property Description
$49,668/yr gross income! Single family home divided into multi-units; four in main house and one apartment above garage in back. Property renovated in 2017 including new HVAC. Roof on the main house (not back house) was replaced in 2019. Some units have been updated with new flooring, countertops, appliances. Onsite laundry room. Do not disturb tenants
Exterior Features

Buildings 2 Construction Wood/Composition Foundation Conventional/Crawl Space Lot Size 50 X 155 Parking Facility Asphalt/BlacktopOffsite/Street Roof CompositionPitched

Interior Features

Appliances Equipment Other (See Remarks) Cooling Systems Central Floors And Ceilings Hardwood ThroughoutTile Heating Systems Central Hot Water Other (See Remarks) Laundry Common Laundry

Property Features

1 Bedroom Units 2 2 Bedroom Units 1 3 Bedroom Units 0 Annual City Tax 1603 Annual County Tax 2011 Assumption Other (Call La) Contingency Type No Contingency Efficiency Studio Units 2 Existing Financing Other (See Remarks) Legal Subdivision Name Horn Bros Lot Number 4 Multifamily Type Converted House New Financing Other (Call La) Operating Expenses Management Other Units 0 Possession At Closing Sale Includes Building And Land Source Of Info OwnerRent RollP/L Statement Tenant Pays Other (Call La) Type Of Leases Other (Call La) Type Of Units Efficiency/Studio1 Br - 1 Bath2 Br - 1 Bath

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Woodyard Realty Corp: 901-767-1998.



© 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: 2023-06-09T09:03:10.547.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654