Skip To Content

670 Bethel Ave

Memphis, TN 38107
  • $320,000
  • STATUS: Active
  • ON SITE: 171 Days
  • MLS #: 10174536
UPDATED: 13 min ago
$320,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Description

Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $2800, but should be $4000+ when vacants are turned! Value-add potential

Monthly Payment Calculator



© 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: 2024-12-02T11:03:43.773.
www.gowenpropertygroup.com/homes/151619676
Print Image

670 Bethel Ave Memphis, TN 38107

  • Price: $320,000
  • Status: Active
  • On Site: 171 Days
  • Updated: 13 min ago
  • MLS #: 10174536
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1952
Built
Neighborhood:
Charles Erck
County:
Shelby
Area:
Harbor Town/Downtown
Property Description
Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $2800, but should be $4000+ when vacants are turned! Value-add potential
Exterior Features

Buildings 1 Construction Brick Foundation Conventional/Crawl Space Land Sq Ft 18252 Lot Size 18252 Misc Exterior Sidewalks Parking Facility Asphalt/Blacktop Roof Composition

Interior Features

Cooling Systems Individual Cooling Floors And Ceilings TileWood Laminate Floors Heating Systems Individual Systems Hot Water ElectricalPublic SewerPublic Water Laundry Connections Leaseable Sq Ft 3144

Property Features

1 Bedroom Units 6 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 33600 Annual City Tax 1858 Annual County Tax 2331 Assumption No Qualifying Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 44800 Legal Subdivision Name Charles Erck Multifamily Type Apartment Building New Financing ConventionalExchange Operating Expenses ManagementRepairs/MaintenanceSome UtilitiesTaxes Other Units 0 Percent Occupancy 67 Possession Tenants Rights Sale Includes Building and Land Source Of Info Current RecordsLeasesOwnerProjectedRent Roll Tenant Pays Electric Type Of Leases MonthlyYear Type Of Units 1 BR - 1 Bath Zoning MD-R

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Memphis Metro Realty: 901-352-6200.



© 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: 2024-12-02T11:03:43.773.
 
https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10174536-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10174536-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10174536-2.jpg
Logo
Gowen Property Group | Keller Williams Realty
5847 Getwell Rd, Bldg B1
Southhaven MS, 38672