Skip To Content

1616 Monroe Ave

Memphis, TN 38104
  • $775,000
  • STATUS: Pending
  • ON SITE: 230 Days
  • MLS #: 10171027
Pending
UPDATED: 32 min ago
$775,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Ingleside
Type:
Multi-Family
Built:
1960
County:
Shelby
Area:
Central Gardens

School Ratings & Info

Visit GreatSchools.org

Description

This 8 unit building is located in Booming Mid Town Memphis. The property has been totally rehabbed. The units are all 1 bedroom. The scheduled monthly rents are 6925 per month. Drive by only. Please do not disturb residents.

Monthly Payment Calculator



© 2024 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: 2024-12-13T00:03:25.503.
www.redsearealtyco.com/homes/149947174
Print Image

1616 Monroe Ave Memphis, TN 38104

  • Price: $775,000
  • Status: Pending
  • On Site: 230 Days
  • Updated: 32 min ago
  • MLS #: 10171027
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
Ingleside
County:
Shelby
Area:
Central Gardens
Property Description
This 8 unit building is located in Booming Mid Town Memphis. The property has been totally rehabbed. The units are all 1 bedroom. The scheduled monthly rents are 6925 per month. Drive by only. Please do not disturb residents.
Exterior Features

Buildings 1 Construction Brick/Veneer Foundation Slab Land Sq Ft 7875 Lot Size 50 X 157.5 Misc Exterior Partically Fenced Parking Facility Asphalt/Blacktop Roof Pitched

Interior Features

Appliances Equipment DishwasherMicrowaveRange/Oven (Freestanding)Refrigerator Cooling Systems Central Floors And Ceilings Tile Heating Systems Central Hot Water Electrical Improved Sq Ft 4000 Laundry Dryer in UnitWasher in Unit

Property Features

1 Bedroom Units 8 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 83100 Annual City Tax 5654 Annual County Tax 7095 Annual Insurance Expenses 4510 Annual Operating Expenses 21920 Assumption No Assumption Average Annual Utilities 2501 Efficiency Studio Units 0 Existing Financing Conventional Adjustable Legal Subdivision Name INGLESIDE Lot Number 14 Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceRepairs/MaintenanceSome UtilitiesTaxes Other Units 0 Percent Occupancy 100 Possession Tenants Rights Sale Includes Building and Land Source Of Info Owner Tenant Pays Some Utilities Type Of Leases Year Type Of Units 1 BR - 1 Bath

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike Commercial: 901-758-5670.



© 2024 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: 2024-12-13T00:03:25.503.
 
https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10171027-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10171027-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10171027-2.jpg
Logo
Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654