605 E Mclemore Ave

    Memphis, TN 38106
    • $850,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: 10056440
    UPDATED: 39 min ago
    $850,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    This 36 unit offering consist of 2 buildings, 605 and 607 E McLemore avenue, that is located less than 5 minutes from Booming Downtown Memphis! The total scheduled monthly income is 12739.

    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: 2019-07-19T13:03:27.013.
    www.yourkeytomemphishomes.com/homes/96494837

    605 E Mclemore Ave Memphis, TN 38106

    • Price: $850,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 10056440
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1963
    Built
    Neighborhood:
    Trigg
    County:
    Shelby
    Area:
    South Memphis/61 Hwy
    Property Description
    This 36 unit offering consist of 2 buildings, 605 and 607 E McLemore avenue, that is located less than 5 minutes from Booming Downtown Memphis! The total scheduled monthly income is 12739.
    Exterior Features

    Buildings 2 Construction Brick/Veneer Foundation Slab Land Sq Ft 36084 Lot Size 72 X 297 Parking Facility Asphalt/Blacktop Roof Shingle/Shake

    Interior Features

    Appliances Equipment RefrigeratorRange/Oven (Freestanding) Cooling Systems 2+ Window Units Per Unit Floors And Ceilings Vinyl Floor Heating Systems Wall Heat Hot Water Gas Improved Sq Ft 22776 Laundry None Leaseable Sq Ft 22776

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 36 3 Bedroom Units 0 Actual Annual Rent 174960 Annual City Tax 1852 Annual County Tax 2381 Annual Insurance Expenses 6800 Annual Operating Expenses 50205 Assumption No Assumption Average Annual Utilities 2579 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 174960 Legal Subdivision Name Trigg Lot Number E Pt 31 Multifamily Type Apartment Building New Financing Conventional Operating Expenses ManagementInsuranceSome UtilitiesRepairs/MaintenanceTaxes Other Units 0 Possession Tenants Rights Sale Includes Building And Land Source Of Info Current RecordsLeasesRent Roll Tenant Pays Some Utilities Type Of Leases None Type Of Units 2 Br - 1 Bath

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



    © 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: 2019-07-19T13:03:27.013.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120