$44,000
$38,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
1,799 SqFt
SOLD DATE : 04/26/2019
Key Details
Sold Price $44,000
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,799 sqft
Price per Sqft $24
Subdivision Poppenheimers Kimball Ave
MLS Listing ID 10048406
Sold Date 04/26/19
Style Traditional
Bedrooms 6
Full Baths 3
Year Built 1952
Annual Tax Amount $1,613
Property Description
Investment Opportunity! 3 Duplexes in the same cove and sold as a package! Wholesale pricing prior to rehab…this is where you make money! All units are 2 BR/ 1 BA, hardwood floors, den, dining area, and kitchen. 6 total units and each unit will rent $500 to $600 per month. Buildings being sold “As Is” but we provide full turn-key management. We can manage the rehab, lease the units, and manage monthly. $38,000 per building with avg repairs of 15k to 20k per building (not unit) needed in repairs.
Location
State TN
County Shelby
Area Pendleton/Park
Rooms
Dining Room 08x08
Interior
Interior Features Attic Access, Cable Wired, Cable Available
Heating Gas
Cooling None
Flooring Hardwood Throughout, Tile
Equipment Smoke Detector(s)
Exterior
Exterior Feature Brick Veneer, Wood Window(s)
Garage Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Cove
Story 1
Foundation Conventional
Water Gas
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Randall L Garrett • Franchise Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "