2966 Yale Ave

    Memphis, TN 38112
    • $208,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 10039967
    UPDATED: 45 min ago
    $208,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    8 unit apartment with a monthly gross income of $3200. Owner covers water and trash for all tenants. All units have updated kitchens, baths, water heaters, wall heaters, new tile flooring, doors, and windows. Theres still an opportunity to add more value to this property. DO NOT DISTURB TENANTS! Minutes away from shopping and dining, easy access to transit, community center and more. Seller financing also available.

    Monthly Payment Calculator



    © 2018 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: 2018-11-18T16:03:21.293.
    www.yourkeytomemphishomes.com/homes/89096474

    2966 Yale Ave Memphis, TN 38112

    • Price: $208,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 10039967
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Novella
    County:
    Shelby
    Area:
    Chickasaw Gardens
    Property Description
    8 unit apartment with a monthly gross income of $3200. Owner covers water and trash for all tenants. All units have updated kitchens, baths, water heaters, wall heaters, new tile flooring, doors, and windows. Theres still an opportunity to add more value to this property. DO NOT DISTURB TENANTS! Minutes away from shopping and dining, easy access to transit, community center and more. Seller financing also available.
    Exterior Features

    Buildings 1 Construction Brick Foundation Slab Land Sq Ft 23970 Lot Size 60/100 X 110+173.7/283.7 Misc Exterior Chain FencePartically FencedCeiling Fan(S) Parking Facility Asphalt/Blacktop1 Per Unit Roof Shingle/Shake

    Interior Features

    Appliances Equipment Range/Oven (Freestanding)Smoke Detector(S) Cooling Systems 1 Window Unit Per Unit Floors And Ceilings TileDry Wall Heating Systems Wall Heat Hot Water GasPublic WaterPublic Sewer Laundry Connections Leaseable Sq Ft 5025

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 8 3 Bedroom Units 0 Actual Annual Rent 38400 Amenities Pet RestrictionsDumpster Annual City Tax 1908 Annual County Tax 2452 Annual Insurance Expenses 3600 Annual Operating Expenses 25120 Assumption No Assumption Average Annual Utilities 2000 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 55200 Legal Subdivision Name Novella Re Lot Number 1-W PT 2 Multifamily Type Apartment Building New Financing ConventionalCash OnlyOwner Mortgage Operating Expenses ManagementInsuranceSome UtilitiesTrash CollectionRepairs/MaintenancePest ControlTaxesAdvertising Other Units 0 Possession At ClosingTenants Rights Sale Includes Building And Land Source Of Info OwnerRent Roll Tenant Pays Some UtilitiesHeatingGasElectricSecurity Deposit Type Of Leases Year Type Of Units 2 Br - 1 Bath

    Listing information © 2018 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Tri-Leake Realty.



    © 2018 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: 2018-11-18T16:03:21.293.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120