Memphis, TN 38105,734 LANE AVE
Memphis, TN 38105,734 LANE AVE
Memphis, TN 38105,734 LANE AVE
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$225,000

$230,000

2.2%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/21/2024

Key Details

Sold Price $225,000

Property Type Multi-Family

Sub Type Apartment Building

Listing Status Sold

Purchase Type For Sale

Subdivision Carringtons Lane Ave

MLS Listing ID 10165048

Sold Date 05/21/24

Year Built 1953

Annual Tax Amount $1,055

Property Description

Long term tenant occupied 6-plex with lots of room to raise rents ASIS or value add and go even higher. Part of a portfolio. Can be sold separate or with 2011 Benford St., 112 E Davant, 91 E Davant Ave., 484 E Trigg Ave., 1746 Norfolk St., 328 E Trigg Ave., 380 Modder Ave., 1540 Orr St., and 1401 Effie Rd. 11 properties, 18 units, $9,495 monthly scheduled rents, total package ask only $854,000!

Location

State TN

County Shelby

Area Harbor Town/Downtown

Interior

Heating Wall Heat

Cooling None

Flooring Other (See Remarks)

Laundry Connections

Exterior

Garage Offsite/Street

Roof Type Shingle/Shake

Building

Story 1

Foundation Conventional/Crawl Space

Water Individual System

Others

Acceptable Financing Other

Listing Terms Other

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Listed by Michael T Valenza • eXp Realty, LLC
Bought with August P Pacente • Revid Property Management, LLC
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