Skip To Content

    5251 Us 61 Hwy

    Memphis, TN 38109
    • $350,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: 10097503
    UPDATED: 54 min ago
    $350,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    n/a
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    This property would be great for a Gas Station, Restaurant, Car Dealership, Shopping Center, Supermarket, Motel, or much more. Great opportunity of Investment. The building next door at 5239 is included as a package deal. The interior of 5239 is unfinished. Both properties are being sold "as-is." Both properties together has an approx. acreage of 1.24. Please call agent for showings, and do not approach. Property is currently occupied.

    Monthly Payment Calculator



    © 2021 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: 2021-05-08T00:03:35.22.
    www.yourkeytomemphishomes.com/homes/116282572
    Print Image

    5251 Us 61 Hwy Memphis, TN 38109

    • Price: $350,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: 10097503
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1946
    Built
    Neighborhood:
    n/a
    County:
    Shelby
    Area:
    Coro Lake
    Property Description
    This property would be great for a Gas Station, Restaurant, Car Dealership, Shopping Center, Supermarket, Motel, or much more. Great opportunity of Investment. The building next door at 5239 is included as a package deal. The interior of 5239 is unfinished. Both properties are being sold "as-is." Both properties together has an approx. acreage of 1.24. Please call agent for showings, and do not approach. Property is currently occupied.
    Exterior Features

    Buildings 1 Construction Wood/Composition Foundation Conventional/Crawl Space Lot Size 100 X 160 IRR Parking Facility Concrete Roof Shingle/Shake

    Interior Features

    Cooling Systems Central Floors And Ceilings Hardwood ThroughoutPartial Carpet Heating Systems Central Hot Water Electrical Laundry Connections

    Property Features

    1 Bedroom Units 4 2 Bedroom Units 3 3 Bedroom Units 0 Annual City Tax 1500 Annual County Tax 1901 Assumption Other (Call La) Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Other (See Remarks) Gross Potential Annual Rent 27000 Legal Subdivision Name N/A Multifamily Type Other (See Remarks) New Financing Other (Call La) Operating Expenses Other (Call La) Other Units 0 Possession Other (Call La) Sale Includes Building And Land Source Of Info Estimated Tenant Pays All UtilitiesSecurity Deposit Type Of Leases Other (Call La) Type Of Units 4 Or More Bedrooms

    Listing information © 2021 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Crye-Leike, Inc., Realtors.



    © 2021 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: 2021-05-08T00:03:35.22.
     
    https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10097503-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10097503-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10097503-2.jpg
    Logo
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120