2966 Yale Ave

    Memphis, TN 38112
    • $224,000
    • STATUS: Active
    • ON SITE: 89 days
    • ID#: 10071651
    UPDATED: 28 min ago
    $224,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Come check this cash flowing 8 unit in Binghampton! Current units are leased for $425/mo, with only 2 units vacant that are currently being advertised. All units have been updated with new tile, carpet, water heaters, toilets, vanities, and kitchen cabinets/counters. Exterior upgrades include a new roofing, siding, and fresh coat of paint. Conveniently near shopping/dining, Benjamin Hooks library, and interstate. Please do not disturb tenants, all offers to be made contingent upon inspection.

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    © 2020 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: 2020-05-26T23:03:09.517.
    www.yourkeytomemphishomes.com/homes/103565090

    2966 Yale Ave Memphis, TN 38112

    • Price: $224,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 10071651
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Novella
    County:
    Shelby
    Area:
    Chickasaw Gardens
    Property Description
    Come check this cash flowing 8 unit in Binghampton! Current units are leased for $425/mo, with only 2 units vacant that are currently being advertised. All units have been updated with new tile, carpet, water heaters, toilets, vanities, and kitchen cabinets/counters. Exterior upgrades include a new roofing, siding, and fresh coat of paint. Conveniently near shopping/dining, Benjamin Hooks library, and interstate. Please do not disturb tenants, all offers to be made contingent upon inspection.
    Exterior Features

    Buildings 1 Construction Brick Foundation Slab Lot Size 60/100 X 110+173.7/283.7 Misc Exterior SidewalksChain Fence Parking Facility Asphalt/Blacktop Roof Shingle/Shake

    Interior Features

    Appliances Equipment Range/Oven (Freestanding)Smoke Detector(S) Cooling Systems 1 Window Unit Per Unit Floors And Ceilings TilePartial 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 1908 Annual County Tax 2452 Annual Insurance Expenses 3936 Annual Operating Expenses 14967 Assumption No Assumption Average Annual Utilities 2400 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 40800 Legal Subdivision Name Novella Re Lot Number 1-W PT 2 Multifamily Type Apartment Building New Financing ConventionalCash OnlyPrivateOwner Mortgage Operating Expenses ManagementInsuranceSome UtilitiesTrash CollectionRepairs/MaintenanceTaxes Other Units 0 Percent Occupancy 75 Possession At ClosingTenants Rights Sale Includes Building And Land Source Of Info OwnerCurrent RecordsLeasesRent RollP/L Statement Tenant Pays Some UtilitiesGasElectricSecurity Deposit Type Of Leases MonthlyYear Type Of Units 2 Br - 1 Bath

    Listing information © 2020 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Tri-Leake Realty.



    © 2020 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: 2020-05-26T23:03:09.517.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120