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512 Mcelroy Rd

Memphis, TN 38120
  • $539,901
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 10184658
UPDATED: 82 min ago
$539,901
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3600-3799
    SQFT
  • $146
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Ratings & Info

Description

"RARE FIND! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhoods with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood with gorgeous new buildings going up around it, this is gold mine. Both sides very nicely updated and clean. Featuring spacious living areas filled with natural light, a beautifully updated kitchen with stainless steel appliances This charming residence combines modern comforts with classic Southern charm."

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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: 2024-12-11T20:04:09.723.
www.gowenpropertygroup.com/homes/157580753
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512 Mcelroy Rd Memphis, TN 38120

  • Price: $539,901
  • Status: Active
  • On Site: 34 Days
  • Updated: 82 min ago
  • MLS #: 10184658
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3600-3799
SQFT
$146
$/SQFT
1985
Built
Neighborhood:
Bruce Ellington
County:
Shelby
Area:
White Station
Property Description
"RARE FIND! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhoods with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood with gorgeous new buildings going up around it, this is gold mine. Both sides very nicely updated and clean. Featuring spacious living areas filled with natural light, a beautifully updated kitchen with stainless steel appliances This charming residence combines modern comforts with classic Southern charm."
Exterior Features

Attached Detached Parking Detached Carport Garage Garage Covered Parking Spaces 2 Exterior And Windows Aluminum/Steel SidingBrick Veneer Foundation Slab Lot Description LevelOther (See Remarks)Some TreesWood Fenced Lot Size 58X175 Misc Exterior Other (See Remarks)Patio Parking Garage Door Opener(s)Side-Load Garage Parking Display G2D Pool Description None Roof Composition Shingles Style Traditional

Interior Features

Appliances Equipment Range/Oven (Freestanding)Refrigerator Cooling Central Cooling Fireplaces 2 Floors And Ceilings Hardwood ThroughoutSmooth CeilingTile Heating CentralElectric Hot Water Electric Misc Interior All Window TreatmentsAttic AccessCable Wired Unit1 Dining AreaEat-in KitchenPantry in KitchenSeparate DenSeparate Dining RoomSeparate Living RoomUpdated/Renovated Kit Unit1 Bedroom2 Dimension 16x16 Unit1 Bedroom3 Dimension 11x15 Unit1 Bedrooms 3 Unit1 Bedrooms Down 1 Unit1 Den Dimensions 20x11 Unit1 Dining Room Dimension 15x12 Unit1 Full Baths 2 Unit1 Half Baths 0 Unit1 Living Room Dimension 20x11 Unit1 Primary Dimension 11x12 Unit1 Sq Ft Heated 1800-1999 Unit1 Total Baths 2 Unit2 Dining AreaEat-in KitchenPantry in KitchenSeparate DenSeparate Dining RoomSeparate Living RoomUpdated/Renovated KitW/D Connection in Kitchen Unit2 Bedroom2 Dimension 16x16 Unit2 Bedroom3 Dimension 11x15 Unit2 Bedrooms 3 Unit2 Bedrooms Down 1 Unit2 Den Dimension 20x12 Unit2 Dining Room Dimension 15x12 Unit2 Full Baths 2 Unit2 Half Baths 0 Unit2 Living Room Dimension 29x11 Unit2 Primary Dimension 11x12 Unit2 Sq Ft Heated 1800-1999 Unit2 Total Baths 2

Property Features

Annual City Tax 2697 Annual County Tax 3384 Duplex Type Single Family Conversion Legal Subdivision Name BRUCE ELLINGTON RESUB LOTS 2&3 Lot Number 2A New Financing ConventionalFHAOther (See Remarks)VA Tenants Pay All Utilities Type Of Leases Year Warranty And Possession Addendums Possession by Agreement

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of 901, REALTORS: 901-676-6555.



© 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: 2024-12-11T20:04:09.723.
 
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Gowen Property Group | Keller Williams Realty
5847 Getwell Rd, Bldg B1
Southhaven MS, 38672