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1199 Latham Ave , #1

Memphis, TN 38106
  • $875,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 10138216
New On Site 6 Days Ago
UPDATED: 42 min ago
$875,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

Fully leased 12 DOORS producing gross rents of 10,000/ month (120K/ annual). Two apartment buildings with four units each, and four single family homes (one 2 BR home-800/ month rent, a 3 BR 2 BA : 1150/ month, a 3 BR 2 BA : 1250/ month, and a 4 BR 2 BA: 1400/ month). Each property Also listed separately on MLS. Owner / Agent. 5 in Memphis: 1199 Latham, 1235 Latham, 930 Marsh, 3355 Raleigh Millington Rd, 740 Chelsea Avenue. 1 property in Covington TN: 610 Simonton Ave.

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© 2022 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 Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2022-12-02T15:03:31.6.
www.gowenpropertygroup.com/homes/135003454
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1199 Latham Ave , #1 Memphis, TN 38106

  • Price: $875,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 42 min ago
  • MLS #: 10138216
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Latham And Simpson
County:
Shelby
Area:
South Memphis/61 Hwy
Property Description
Fully leased 12 DOORS producing gross rents of 10,000/ month (120K/ annual). Two apartment buildings with four units each, and four single family homes (one 2 BR home-800/ month rent, a 3 BR 2 BA : 1150/ month, a 3 BR 2 BA : 1250/ month, and a 4 BR 2 BA: 1400/ month). Each property Also listed separately on MLS. Owner / Agent. 5 in Memphis: 1199 Latham, 1235 Latham, 930 Marsh, 3355 Raleigh Millington Rd, 740 Chelsea Avenue. 1 property in Covington TN: 610 Simonton Ave.
Exterior Features

Buildings 6 Construction Brick Foundation Conventional/Crawl Space Lot Size 70X130 Parking Facility Enclosed Roof Shingle/Shake

Interior Features

Cooling Systems Electrial Floors And Ceilings Vinyl Floor Heating Systems Electrical Hot Water Electrical Laundry Connections

Property Features

1 Bedroom Units 3 2 Bedroom Units 6 3 Bedroom Units 2 Actual Annual Rent 120000 Annual City Tax 467 Annual County Tax 593 Assumption No Assumption Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Private/Owner Gross Potential Annual Rent 120000 Legal Subdivision Name Latham And Simpson Multifamily Type Apartment Building New Financing Cash OnlyConventional Operating Expenses InsuranceManagement Other Units 1 Percent Occupancy 100 Possession At Closing Sale Includes Some Appliances Source Of Info Owner Tenant Pays All Utilities Type Of Leases Year Type Of Units 1 Br - 1 Bath2 Br - 1 Bath3 Br - 1+ Baths4 Or More Bedrooms

Listing information © 2022 Memphis Area Association of REALTORS®.
Listing provided courtesy of Best Real Estate Company: 901-407-2177.



© 2022 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 Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2022-12-02T15:03:31.6.
 
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Gowen Property Group | Keller Williams Realty
5847 Getwell Rd, Bldg B1
Southhaven MS, 38672