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665 E Pontotoc Ave

Memphis, TN 38126
  • $800,000
  • STATUS: Active
  • ON SITE: 270 Days
  • MLS #: 10133273
UPDATED: 24 min ago
$800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Shepherd Blk 59
Type:
Multi-Family
Built:
1967
County:
Shelby
Area:
South Bluffs/Downtown

School Ratings & Info

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Description

Great upside and redevelopment opportunity on this value-add complex. Within walking distance to the FedEx forum and downtown Memphis. Over $1B in planned developments nearby. Now is the time to buy this one! All units are 2/1 and all brick. New Roof and decking. Tenents pay all utilities ex. water. Some renovations recently completed. Contact me today for more information!

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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/133011687
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665 E Pontotoc Ave Memphis, TN 38126

  • Price: $800,000
  • Status: Active
  • On Site: 270 Days
  • Updated: 24 min ago
  • MLS #: 10133273
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1967
Built
Neighborhood:
Shepherd Blk 59
County:
Shelby
Area:
South Bluffs/Downtown
Property Description
Great upside and redevelopment opportunity on this value-add complex. Within walking distance to the FedEx forum and downtown Memphis. Over $1B in planned developments nearby. Now is the time to buy this one! All units are 2/1 and all brick. New Roof and decking. Tenents pay all utilities ex. water. Some renovations recently completed. Contact me today for more information!
Exterior Features

Buildings 1 Construction Brick Foundation Slab Land Sq Ft 11674 Lot Size 90/103 X 121 Parking Facility Asphalt/Blacktop Roof PitchedShingle/Shake

Interior Features

Cooling Systems 1 Window Unit Per Unit Floors And Ceilings Other (See Remarks) Heating Systems Wall Heat Hot Water Other (See Remarks) Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 8 3 Bedroom Units 0 Annual City Tax 506 Annual County Tax 643 Assumption Other (Call La) Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Other (See Remarks) Gross Potential Annual Rent 144000 Legal Subdivision Name Shepherd Blk 59 Lot Number Pt2&4* Multifamily Type Apartment Building New Financing Cash OnlyConventionalOther (Call La) Operating Expenses Other (Call La) Other Units 0 Possession At ClosingTenants Rights Sale Includes Building And Land Source Of Info Estimated Tenant Pays Some Utilities Type Of Leases Other (Call La) Type Of Units 2 Br - 1 Bath

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Braden, Braden & Braden Llc: 901-881-2070.



© 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