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251 N Watkins St

Memphis, TN 38104
  • $195,000
  • STATUS: Active
  • ON SITE: 312 Days
  • MLS #: 10167350
$195,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Description

Attention Investors, Explore your next dream project at 251 N Watkins - a promising duplex featuring two separate units, each with Two Bedrooms, 1 Bath, kitchen, Living and Dining rooms, convenient laundry room and 2 Covered Parking Spaces. This property needs full renovation. This property holds great revenue potential in today's competitive market. Consider the possibility of turning it into a lucrative short-term rental for added value. Act fast, as opportunities like this don't last long.

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© 2025 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: 2025-01-14T00:03:07.15.
www.redsearealtyco.com/homes/148351666
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251 N Watkins St Memphis, TN 38104

  • Price: $195,000
  • Status: Active
  • On Site: 312 Days
  • MLS #: 10167350
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Garland Pl Addn
County:
Shelby
Area:
Overton Park
Property Description
Attention Investors, Explore your next dream project at 251 N Watkins - a promising duplex featuring two separate units, each with Two Bedrooms, 1 Bath, kitchen, Living and Dining rooms, convenient laundry room and 2 Covered Parking Spaces. This property needs full renovation. This property holds great revenue potential in today's competitive market. Consider the possibility of turning it into a lucrative short-term rental for added value. Act fast, as opportunities like this don't last long.
Exterior Features

Buildings 1 Construction Vinyl SidingWood/Composition Foundation Conventional/Crawl Space Land Sq Ft 6000 Lot Size 50X120 Parking Facility Covered Roof Built-UpShingle/Shake

Interior Features

Appliances Equipment Other (See REMARKS) Cooling Systems 1 Window Unit per Unit Floors And Ceilings 9 Ft or More Heating Systems Other (See Remarks) Hot Water Gas Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 2 3 Bedroom Units 0 Annual City Tax 1465 Annual County Tax 1668 Assumption No Assumption Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing FHA Legal Subdivision Name GARLAND PL ADDN Lot Number 13 Multifamily Type Other (See REMARKS) New Financing Cash OnlyConventionalFHA/VA Operating Expenses AdvertisingInsuranceManagementOn-Site ManagementRepairs/MaintenanceSome UtilitiesTaxesTrash Collection Other Units 0 Possession At Closing Sale Includes All EquipmentBuilding and Land Source Of Info Current RecordsOwner Tenant Pays All Utilities Type Of Leases 6 MonthDailyMonthlyWeekly Type Of Units 2 BR - 1 Bath

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of homecoin.com: 888-400-2513.



© 2025 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: 2025-01-14T00:03:07.15.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654