1025 Wellington St

    Memphis, TN 38126
    • $105,000
    • STATUS: Active
    • ON SITE: 112 days
    • ID#: 10053617
    $105,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    Looking for cash flow & investment potential in a developing area just minutes from downtown Memphis?? Yes, this is it! A short bike (bird) ride from Downtown Memphis, LeMoyne-Owen College and more. There are 5 units with gross potential rent over $2,600 /mo. Uniquely, the end unit is a two-story townhome! Inside units renovated but does need some roof work. No showings until approved contract. Feel free to drive by. Do not disturb tenants. Sold As-Is Where Is

    Monthly Payment Calculator



    © 2019 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 Crye-Leike Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2019-09-18T00:03:07.99.
    www.yourkeytomemphishomes.com/homes/95259638

    1025 Wellington St Memphis, TN 38126

    • Price: $105,000
    • Status: Active
    • ID#: 10053617
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1968
    Built
    Neighborhood:
    Washington Heights Blk 7
    County:
    Shelby
    Area:
    South Bluffs/Downtown
    Property Description
    Looking for cash flow & investment potential in a developing area just minutes from downtown Memphis?? Yes, this is it! A short bike (bird) ride from Downtown Memphis, LeMoyne-Owen College and more. There are 5 units with gross potential rent over $2,600 /mo. Uniquely, the end unit is a two-story townhome! Inside units renovated but does need some roof work. No showings until approved contract. Feel free to drive by. Do not disturb tenants. Sold As-Is Where Is
    Exterior Features

    Buildings 1 Construction BrickOther (See Remarks) Foundation Slab Lot Size 65 X 200 Misc Exterior SidewalksChain FenceFully Fenced Parking Facility Asphalt/Blacktop Roof Pitched

    Interior Features

    Cooling Systems 1 Window Unit Per Unit Floors And Ceilings Hardwood ThroughoutVinyl Floor8 Feet Heating Systems Wall Heat Hot Water Gas Improved Sq Ft 3772 Laundry Connections Leaseable Sq Ft 3772

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 5 3 Bedroom Units 0 Annual City Tax 613 Annual County Tax 788 Assumption Must QualifySome Assumption Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Private/Owner Gross Potential Annual Rent 31200 Legal Subdivision Name Washi Gton Heights Blk 7 Lot Number 3 And Pt 4 Multifamily Type Apartment Building New Financing ConventionalCash OnlyOwner Mortgage Operating Expenses InsuranceTaxesLicense/PermitsOther (Call La) Other Units 0 Percent Occupancy 40 Possession At ClosingTenants Rights Sale Includes Building And LandSome Appliances Source Of Info Owner Tenant Pays All Utilities Type Of Leases MonthlyYear Type Of Units 2 Br - 1 Bath

    Listing information © 2019 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Braden, Braden & Braden Llc.



    © 2019 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 Crye-Leike Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2019-09-18T00:03:07.99.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120