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734 Lane Ave

Memphis, TN 38105
  • $230,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 10165048
UPDATED: 51 min ago
$230,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Long term tenant occupied 6-plex with lots of room to raise rents ASIS or value add and go even higher. Part of a portfolio. Can be sold separate or with 2011 Benford St., 112 E Davant, 91 E Davant Ave., 484 E Trigg Ave., 1746 Norfolk St., 328 E Trigg Ave., 380 Modder Ave., 1540 Orr St., and 1401 Effie Rd. 11 properties, 18 units, $9,495 monthly scheduled rents, total package ask only $854,000!

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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: 2024-02-27T15:04:18.577.
www.gowenpropertygroup.com/homes/147202105
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734 Lane Ave Memphis, TN 38105

  • Price: $230,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 51 min ago
  • MLS #: 10165048
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1953
Built
Neighborhood:
Carringtons Lane Ave
County:
Shelby
Area:
Harbor Town/Downtown
Property Description
Long term tenant occupied 6-plex with lots of room to raise rents ASIS or value add and go even higher. Part of a portfolio. Can be sold separate or with 2011 Benford St., 112 E Davant, 91 E Davant Ave., 484 E Trigg Ave., 1746 Norfolk St., 328 E Trigg Ave., 380 Modder Ave., 1540 Orr St., and 1401 Effie Rd. 11 properties, 18 units, $9,495 monthly scheduled rents, total package ask only $854,000!
Exterior Features

Buildings 1 Construction Brick Foundation Conventional/Crawl Space Lot Size 90X128 Parking Facility Offsite/Street Roof Shingle/Shake

Interior Features

Cooling Systems None Floors And Ceilings Other (See Remarks) Heating Systems Wall Heat Hot Water Individual System Laundry Connections

Property Features

1 Bedroom Units 6 2 Bedroom Units 0 3 Bedroom Units 0 Annual City Tax 468 Annual County Tax 587 Assumption No Assumption Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Conventional FixedOther (See REMARKS) Gross Potential Annual Rent 22500 Legal Subdivision Name CARRINGTONS LANE AVE Lot Number 1&2 Multifamily Type Apartment Building New Financing ConventionalOther (Call LA) Operating Expenses InsuranceManagementTaxes Other Units 0 Percent Occupancy 100 Possession At Closing Sale Includes Building and Land Source Of Info Owner Tenant Pays All Utilities Type Of Leases Monthly Type Of Units 1 BR - 1 Bath

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of eXp Realty, LLC: 888-519-5113.



© 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: 2024-02-27T15:04:18.577.
 
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5847 Getwell Rd, Bldg B1
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