1680-1686 KANSAS ST Pending

Memphis,TN 38109

$ 1450000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family, Condo

Sub Type Apartment Complex

Listing Status Pending

Purchase Type For Sale

Subdivision South Memphis Land Co

MLS Listing ID 10123510

Year Built 1954

Annual Tax Amount $8,171

Property Description

Welcome to Sunny Grove Apartments! This 22-unit listing is two buildings and one graveled parking lot. Building addresses are 1680 Kansas St (12 units) and 1686 Kansas St (10 units) and lot address is 1683 Kansas. It is a fully renovated and stabilized property that would be perfect for a 1031 exchange or any investor looking for a low-maintenance, cash-flowing property. $13,305 current monthly rent. Owner is offering a 1-year income guarantee. More information can be found on Loopnet and Crexi.

Location

State TN

County Shelby

Area South Memphis/61 Hwy

Interior

Heating Electrical,Individual Systems

Cooling Electrial,Individual Cooling

Flooring Vinyl Floor

Laundry Common Laundry

Exterior

Garage 1 Per Unit,Concrete,Gravel

Roof Type Composition

Building

Foundation Laundry Facility,Slab

Water Electrical,Individual System

Others

Miscellaneous Sidewalks,Wood Fence,Security Gate

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