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799 Mississippi Blvd

Memphis, TN 38126
  • $569,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 10158602
UPDATED: 63 min ago
$569,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

Conveniently located near downtown, this 12 unit apartment complex is partially renovated and looking for a new owner. Boasting 4 rent-ready units ready for a tenant, a new parking lot from entrance to entrance, and new flooring and paint in the updated units, this could be the investment opportunity you've been looking for!

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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: 2023-12-02T10:03:10.02.
www.redsearealtyco.com/homes/144298648
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799 Mississippi Blvd Memphis, TN 38126

  • Price: $569,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 63 min ago
  • MLS #: 10158602
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
MCKINNEY
County:
Shelby
Area:
South Bluffs/Downtown
Property Description
Conveniently located near downtown, this 12 unit apartment complex is partially renovated and looking for a new owner. Boasting 4 rent-ready units ready for a tenant, a new parking lot from entrance to entrance, and new flooring and paint in the updated units, this could be the investment opportunity you've been looking for!
Exterior Features

Buildings 1 Construction Brick Foundation Slab Lot Size 100 X 148 Misc Exterior Chain FenceSecurity Gate Parking Facility Concrete Roof Roll

Interior Features

Appliances Equipment Refrigerator Cooling Systems 2+ Window Units per UnitElectrial Floors And Ceilings Wood Laminate Floors Heating Systems ElectricalGasWall Heat Hot Water Gas Laundry Connections

Property Features

1 Bedroom Units 0 2 Bedroom Units 10 3 Bedroom Units 2 Actual Annual Rent 13800 Annual City Tax 2755 Annual County Tax 3456 Assumption No Assumption Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 83400 Legal Subdivision Name MCKINNEY Lot Number 30 & 31 Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceManagementSome UtilitiesTrash Collection Other Units 0 Percent Occupancy 16 Possession At ClosingTenants Rights Sale Includes Building and Land Source Of Info Owner Tenant Pays All Utilities Type Of Leases Year Type Of Units 2 BR - 1 Bath3 BR - 1 Bath

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Sowell, Realtors: 901-278-4380.



© 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: 2023-12-02T10:03:10.02.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654