783 Porter St

    Memphis, TN 38126
    • $275,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: 10071288
    UPDATED: 68 min ago
    $275,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    This 12 unit building is located just minutes from Booming Downtown Memphis. The units are all studio typer. The scheduled monthly income is over 6500 per month.

    Monthly Payment Calculator



    © 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: 2020-03-31T17:03:12.81.
    www.yourkeytomemphishomes.com/homes/103401334

    783 Porter St Memphis, TN 38126

    • Price: $275,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: 10071288
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1957
    Built
    Neighborhood:
    Pearce Subdivision
    County:
    Shelby
    Area:
    South Bluffs/Downtown
    Property Description
    This 12 unit building is located just minutes from Booming Downtown Memphis. The units are all studio typer. The scheduled monthly income is over 6500 per month.
    Exterior Features

    Buildings 1 Construction Brick/Veneer Foundation Slab Land Sq Ft 10743 Lot Size 10743 SF 47.07 X 150 (IRR) Parking Facility Asphalt/Blacktop Roof Shingle/Shake

    Interior Features

    Cooling Systems 1 Window Unit Per Unit Floors And Ceilings Vinyl Floor Heating Systems Wall Heat Hot Water Gas Improved Sq Ft 4920 Laundry None Leaseable Sq Ft 4920

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 66698 Annual City Tax 711 Annual County Tax 914 Annual Insurance Expenses 3840 Annual Operating Expenses 22604 Assumption No Assumption Average Annual Utilities 7800 Contingency Type No Contingency Efficiency Studio Units 12 Existing Financing Conventional Fixed Gross Potential Annual Rent 78468 Legal Subdivision Name Pearce Subdivision Lot Number Pt 17-20 Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceSome UtilitiesRepairs/Maintenance Other Units 0 Possession Tenants Rights Sale Includes Building And Land Source Of Info Current RecordsLeases Tenant Pays Some Utilities Type Of Leases None Type Of Units Efficiency/Studio

    Listing information © 2020 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Crye-Leike Commercial.



    © 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: 2020-03-31T17:03:12.81.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120