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$ 1,066,000
Est. payment | /mo
11,686 SqFt
$ 1,066,000
Est. payment | /mo
11,686 SqFt
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 11,686 sqft
Price per Sqft $91
Subdivision Pope
MLS Listing ID 10231633
Year Built 1965
Annual Tax Amount $8,112
Property Sub-Type Apartment Building
Property Description
This 15-unit opportunity consists of 14-2br's plus one 3BR single-family residence. All units feature central heating and air. The scheduled monthly rental income 10,900. The current owner has owned the properties for 10 years. Rents are slightly below market. This creates an opportunity for an experienced investor to raise increase revenue through strategic rental adjustments . Retiring owner is ready to do a deal with a serious buyer. Please drive by only, please do not disturb residents.
Location
State TN
County Shelby
Area Midtown/Holmes
Interior
Heating Central
Cooling Central
Flooring 8 Feet, Dry Wall, Tile
Equipment Refrigerator, Range/Oven (Freestanding)
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Electrical
Listed by Jeffrey B Moore • Crye-Leike Commercial
Nearby Locations
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