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1245 Peabody Ave

Memphis, TN 38104
  • $725,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: 10158057
UPDATED: 2 min ago
$725,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Annesdale
Type:
Multi-Family
Built:
1900
County:
Shelby
Area:
Central Gardens

School Ratings & Info

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Description

This 6 unit building is located in booming Midtown Memphis. It has been recently renovated . There are 2-2 bedroom and 4 studio units. The scheduled monthly income is 6700/mo. Drive by only. Please do not disturb residents.

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© 2023 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 The Heart To Home Group at RE/MAX Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-12-01T07:03:21.897.
www.mattsellsmemphis.com/homes/144049865
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1245 Peabody Ave Memphis, TN 38104

  • Price: $725,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 2 min ago
  • ID#: 10158057
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Annesdale
County:
Shelby
Area:
Central Gardens
Property Description
This 6 unit building is located in booming Midtown Memphis. It has been recently renovated . There are 2-2 bedroom and 4 studio units. The scheduled monthly income is 6700/mo. Drive by only. Please do not disturb residents.
Exterior Features

Buildings 1 Construction Brick/Veneer Foundation Finished Basement Land Sq Ft 8413 Lot Size 60/58-10/12 X 141.4 Parking Facility Asphalt/Blacktop Roof Pitched

Interior Features

Appliances Equipment Range/Oven (Freestanding)Refrigerator Cooling Systems Central Floors And Ceilings Parquet FloorPartial CarpetTile Heating Systems Central Hot Water Gas Improved Sq Ft 4030 Laundry Dryer in UnitWasher in Unit Leaseable Sq Ft 4030

Property Features

1 Bedroom Units 0 2 Bedroom Units 2 3 Bedroom Units 0 Actual Annual Rent 80400 Annual City Tax 1375 Annual County Tax 1725 Annual Insurance Expenses 5700 Assumption No Assumption Average Annual Utilities 1920 Contingency Type No Contingency Efficiency Studio Units 4 Existing Financing Clear Gross Potential Annual Rent 80400 Legal Subdivision Name Annesdale Park Lot Number W Pt 27 Multifamily Type Converted House New Financing Conventional Operating Expenses InsuranceLicense/PermitsSome UtilitiesTaxes Other Units 0 Percent Occupancy 33 Possession Tenants Rights Sale Includes Building And Land Source Of Info Owner Tenant Pays Some Utilities Type Of Leases Year Type Of Units 2 Br - 1+ BathsEfficiency/Studio

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike Commercial: 901-758-5670.



© 2023 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 The Heart To Home Group at RE/MAX Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-12-01T07:03:21.897.
 
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The Heart To Home Group at RE/MAX Experts
1779 Kirby Pkwy #3
Memphis TN, 38138