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311 Market St W

Somerville, TN 38068
  • $1,050,000
  • STATUS: Active
  • ON SITE: 118 Days
  • ID#: 10154034
UPDATED: 142 min ago
$1,050,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

16 Unit aparmtent complex available in Somerville, TN. All units individually metered and equipped with central heat and air. 87% occupied at time of listings. Current rent role available upon request.

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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: 2023-12-06T00:03:18.707.
www.mattsellsmemphis.com/homes/142281260
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311 Market St W Somerville, TN 38068

  • Price: $1,050,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 142 min ago
  • ID#: 10154034
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
unknown
County:
Fayette
Area:
Oakland (East)/Somerville
Property Description
16 Unit aparmtent complex available in Somerville, TN. All units individually metered and equipped with central heat and air. 87% occupied at time of listings. Current rent role available upon request.
Exterior Features

Buildings 3 Construction Vinyl Siding Foundation Conventional/Crawl Space Lot Size 385X128 Parking Facility Asphalt/Blacktop Roof Composition

Interior Features

Cooling Systems Central Floors And Ceilings Dry WallVinyl FloorWood Laminate Floors Heating Systems CentralGas Hot Water ElectricalIndividual System Laundry None

Property Features

1 Bedroom Units 16 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 82800 Annual City Tax 867 Annual County Tax 1895 Annual Land Lease Payment 0 Annual Misc Income 0 Assumption No Assumption Average Annual Utilities 0 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 105600 Legal Subdivision Name Unkown Multifamily Type Apartment Complex New Financing Conventional Operating Expenses InsuranceManagementRepairs/MaintenanceTaxes Other Units 0 Percent Occupancy 87 Possession At Closing Sale Includes Building And LandNo AppliancesNo Furnishings Source Of Info Current RecordsEstimatedLeasesOwnerProjectedRent Roll Tenant Pays All UtilitiesElectricGasWater/Sewer Type Of Leases MonthlyYear Type Of Units 1 Br - 1 BathUnfurnished Zoning R3

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Kaizen Realty, Llc: 901-221-4041.



© 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: 2023-12-06T00:03:18.707.
 
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The Heart To Home Group at RE/MAX Experts
1779 Kirby Pkwy #3
Memphis TN, 38138