1920 Nelson Ave

    Memphis, TN 38104
    • $295,000
    • STATUS: Active
    • ON SITE: 94 days
    • ID#: 10057457
    UPDATED: 22 min ago
    $295,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    100% rented as triplex, but there is room to increase the income by expanding by two more units with garage and basement apartments in this highly sought after area in Cooper Young. Please do not disturb tenants. Physical interior walk thru subject to signed contract.

    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: 2019-10-18T08:03:08.55.
    www.yourkeytomemphishomes.com/homes/96914867

    1920 Nelson Ave Memphis, TN 38104

    • Price: $295,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 10057457
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1924
    Built
    Neighborhood:
    Cooper Young
    County:
    Shelby
    Area:
    Central Gardens
    Property Description
    100% rented as triplex, but there is room to increase the income by expanding by two more units with garage and basement apartments in this highly sought after area in Cooper Young. Please do not disturb tenants. Physical interior walk thru subject to signed contract.
    Exterior Features

    Buildings 2 Construction Brick/VeneerWood/CompositionStorm Window(S) Foundation Full BasementUnfinished BasementStorage AreaLaundry Facility Lot Size 65.3/66.4 X 150 Misc Exterior Curbs/GuttersSidewalksChain Fence Parking Facility ConcreteAttachedCoveredLess Than 1 Per Unit Roof Composition

    Interior Features

    Cooling Systems 1 Window Unit Per UnitIndividual Cooling Floors And Ceilings Hardwood ThroughoutTilePlaster Heating Systems House Systems Hot Water Public WaterPublic Sewer Laundry Common Laundry

    Property Features

    1 Bedroom Units 3 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 25800 Annual City Tax 2217 Annual County Tax 2849 Annual Insurance Expenses 2000 Annual Misc Income 200 Assumption Other (Call La) Average Annual Utilities 6000 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 60000 Legal Subdivision Name Richland Pl Lot Number 49Andept48 Multifamily Type Triplex New Financing ConventionalFha/Va Operating Expenses ManagementInsuranceSome UtilitiesTaxes Other Units 0 Percent Occupancy 100 Possession At ClosingTenants Rights Sale Includes Building And LandSome Equipment Source Of Info OwnerRent Roll Tenant Pays Some UtilitiesSecurity Deposit Type Of Leases NoneYear Type Of Units 1 Br - 1 Bath

    Listing information © 2019 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Crye-Leike, Inc., Realtors.



    © 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: 2019-10-18T08:03:08.55.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120