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488 Laclede Ave

Memphis, TN 38126
  • $225,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 10163094
UPDATED: 23 min ago
$225,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Description

Great Cashflowing property! Large home converted in a rooming house. Currently cashflowing 3,000 a month with 6 units rented for 500 each. Fully rented this property can cashflow $5,0000 a month.

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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: 2024-02-26T15:03:22.023.
www.gowenpropertygroup.com/homes/146246265
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488 Laclede Ave Memphis, TN 38126

  • Price: $225,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 23 min ago
  • MLS #: 10163094
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1912
Built
Neighborhood:
Washington Heights Blk 1
County:
Shelby
Area:
South Bluffs/Downtown
Property Description
Great Cashflowing property! Large home converted in a rooming house. Currently cashflowing 3,000 a month with 6 units rented for 500 each. Fully rented this property can cashflow $5,0000 a month.
Exterior Features

Buildings 1 Construction Wood/Composition Foundation Other (See Remarks) Lot Size 75X190 Parking Facility Asphalt/Blacktop Roof Other (See REMARKS)

Interior Features

Cooling Systems Central Floors And Ceilings Hardwood Throughout Heating Systems Central Hot Water Gas Laundry Dryer in UnitWasher in Unit

Property Features

1 Bedroom Units 0 2 Bedroom Units 0 3 Bedroom Units 0 Annual City Tax 274 Annual County Tax 344 Assumption Other (Call LA) Contingency Type No Contingency Efficiency Studio Units 10 Existing Financing Other (See REMARKS) Legal Subdivision Name WASHINGTON HTS BLK 1 Lot Number 11&PT 10 Multifamily Type Converted House New Financing Other (Call LA) Operating Expenses Other (Call LA) Other Units 0 Possession At Closing Sale Includes Building and Land Source Of Info Current Records Tenant Pays Other (Call LA) Type Of Leases Monthly Type Of Units Efficiency/Studio

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Myers Cobb Realtors, LLC: 901-552-4036.



© 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: 2024-02-26T15:03:22.023.
 
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