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481 Walker Ave

Memphis, TN 38126
  • $539,900
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 10185375
Price Reduced
UPDATED: 31 min ago
$539,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Description

Investor opportunity! This 6-unit apartment building features six units leased at $800 each! Each unit has 2 bedrooms and 1 bathroom, and the property offers ample tenant parking. The roof was replaced in 2019, and central heat and air were updated in 2018. The sale includes an additional lot at 487 Walker Ave. Property is being sold as-is.

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© 2024 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: 2024-12-09T18:03:13.047.
www.gowenpropertygroup.com/homes/157966613
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481 Walker Ave Memphis, TN 38126

  • Price: $539,900
  • Status: Active
  • On Site: 21 Days
  • Updated: 31 min ago
  • MLS #: 10185375
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1973
Built
Neighborhood:
Washington Heights Blk 1
County:
Shelby
Area:
South Bluffs/Downtown
Property Description
Investor opportunity! This 6-unit apartment building features six units leased at $800 each! Each unit has 2 bedrooms and 1 bathroom, and the property offers ample tenant parking. The roof was replaced in 2019, and central heat and air were updated in 2018. The sale includes an additional lot at 487 Walker Ave. Property is being sold as-is.
Exterior Features

Buildings 1 Construction Brick Foundation Slab Lot Size 75 X 161 Parking Facility Concrete Roof Composition

Interior Features

Cooling Systems Central Floors And Ceilings Vinyl Floor Heating Systems Central Hot Water Electrical Laundry Dryer in UnitWasher in Unit

Property Features

1 Bedroom Units 0 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 57600 Annual City Tax 666 Annual County Tax 835 Annual Insurance Expenses 4848 Annual Misc Income 600 Assumption No Qualifying Efficiency Studio Units 6 Existing Financing Conventional Fixed Legal Subdivision Name WASHINGTON HGTS BLK 1 Lot Number 42&PT 41 Multifamily Type Apartment Building New Financing Conventional Operating Expenses Taxes Other Units 0 Percent Occupancy 100 Possession Tenants Rights Sale Includes Building and Land Source Of Info LeasesOwner Tenant Pays All Utilities Type Of Leases Monthly Type Of Units 2 BR - 1 Bath

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Fast Track Realty, LLC: 901-767-8770.



© 2024 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: 2024-12-09T18:03:13.047.
 
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Gowen Property Group | Keller Williams Realty
5847 Getwell Rd, Bldg B1
Southhaven MS, 38672