1480 Patton St

    Memphis, TN 38106
    • $189,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 10048565
    UPDATED: 129 min ago
    $189,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    This a great investment opportunity. 8 units property is located just minutes from downtown Memphis. The units are all 2 bedroom. All units 100% occupied, monthly rent roll income $2,621.00 and theres still an opportunity to add more value to this property. Professionally managed by Lubin Property Management. Recently renovated. Drive by only, do not disturb tenants. Make offer contingent upon inspection.

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    © 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: 2019-05-25T00:03:20.07.
    www.yourkeytomemphishomes.com/homes/92960064

    1480 Patton St Memphis, TN 38106

    • Price: $189,000
    • Status: Active
    • Updated: 129 min ago
    • ID#: 10048565
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1925
    Built
    Neighborhood:
    Rayburn Ave Blk A
    County:
    Shelby
    Area:
    South Memphis/61 Hwy
    Property Description
    This a great investment opportunity. 8 units property is located just minutes from downtown Memphis. The units are all 2 bedroom. All units 100% occupied, monthly rent roll income $2,621.00 and theres still an opportunity to add more value to this property. Professionally managed by Lubin Property Management. Recently renovated. Drive by only, do not disturb tenants. Make offer contingent upon inspection.
    Exterior Features

    Buildings 2 Construction Brick Foundation Raised Lot Size 0.56 Parking Facility GravelDetached Roof Composition

    Interior Features

    Cooling Systems None Floors And Ceilings Vinyl FloorPartial Carpet Heating Systems Wall Heat Hot Water Gas Laundry Connections

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 8 3 Bedroom Units 0 Annual City Tax 819 Annual County Tax 1037 Assumption Other (Call La) Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Other (See Remarks) Legal Subdivision Name Rayburn Ave Blk A Lot Number 1TO8 Multifamily Type Apartment Complex New Financing Other (Call La) Operating Expenses ManagementInsuranceRepairs/MaintenanceTaxes Other Units 0 Possession At ClosingTenants Rights Sale Includes Building And Land Source Of Info LeasesRent Roll Tenant Pays All Utilities Type Of Leases Year Type Of Units 2 Br - 1 Bath

    Listing information © 2019 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Best Real Estate Company.



    © 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: 2019-05-25T00:03:20.07.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120