784 Porter St

    Memphis, TN 38126
    • $43,500
    • STATUS: Closed
    • ON SITE: 207 days
    • ID#: 10041579
    Sold - 03/04/2019
    $43,500
    SOLD - 03/04/2019
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This 5 unit building is a minor rehab opportunity located just minutes south of Downtown Memphis. The units are 1-2br and 4-1br with 20% occupied. The total scheduled monthly income is 1550. Drive by only. Please do not disturb tenants. Inspection contingent upon acceptable offer.

    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: 2019-06-26T12:03:15.227.
    www.yourkeytomemphishomes.com/homes/89764746

    784 Porter St Memphis, TN 38126

    • Price: $55,000
    • Status: Closed
    • Updated: 78 min ago
    • ID#: 10041579
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Dixon
    County:
    Shelby
    Area:
    South Bluffs/Downtown
    Property Description
    This 5 unit building is a minor rehab opportunity located just minutes south of Downtown Memphis. The units are 1-2br and 4-1br with 20% occupied. The total scheduled monthly income is 1550. Drive by only. Please do not disturb tenants. Inspection contingent upon acceptable offer.
    Exterior Features

    Buildings 1 Construction Brick/VeneerShake/Shingle Foundation Slab Land Sq Ft 9300 Lot Size 62X150 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 3200 Laundry None

    Property Features

    1 Bedroom Units 4 2 Bedroom Units 1 3 Bedroom Units 0 Actual Annual Rent 15810 Annual City Tax 393 Annual County Tax 505 Annual Insurance Expenses 1995 Annual Misc Income 0 Annual Operating Expenses 5394 Assumption No Assumption Average Annual Utilities 0 Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 18600 Legal Subdivision Name Dixon Lot Number 16Andn Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceRepairs/Maintenance Other Units 0 Percent Occupancy 20 Possession Tenants Rights Sale Includes Building And Land Source Of Info LeasesRent Roll Tenant Pays All Utilities Type Of Leases None Type Of Units 1 Br - 1 Bath2 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: 2019-06-26T12:03:15.227.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120