Homes for sale - 512 MCELROY RD, Memphis, TN 38120

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Bret Carroll

bretandalliec@gmail.com +1(662) 401-6704

$539,901

Est. payment - /mo

6 Beds

4 Baths

3,799 SqFt

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UPDATED:

11/06/2024 12:08 PM

Key Details

Property Type Multi-Family

Sub Type Single Family Conversion

Listing Status Active

Purchase Type For Sale

Square Footage 3,799 sqft

Price per Sqft $142

Subdivision Bruce Ellington Resub Lots 2&3

MLS Listing ID 10184658

Style Traditional

Bedrooms 6

Full Baths 4

Year Built 1985

Annual Tax Amount $6,081

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."

Location

State TN

County Shelby

Area White Station

Rooms

Dining Room 15x12

Interior

Interior Features All Window Treatments, Attic Access, Cable Wired

Heating Central, Electric

Cooling Central Cooling

Flooring Hardwood Throughout, Smooth Ceiling, Tile

Fireplaces Number 2

Equipment Range/Oven (Freestanding), Refrigerator

Exterior

Exterior Feature Aluminum/Steel Siding, Brick Veneer

Garage Garage Door Opener(s), Side-Load Garage

Garage Spaces 2.0

Pool None

Roof Type Composition Shingles

Building

Lot Description Level, Other (See Remarks), Some Trees, Wood Fenced

Story 2

Foundation Slab

Water Electric

Others

Miscellaneous Patio,Other (See Remarks)

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Listed by Dylan L Johnson • 901, REALTORS

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Bret Carroll

+1(662) 401-6704

Realtor® | License ID: S-54019

Realtor® License ID: S-54019

512 MCELROY RD Memphis, TN 38120

Bret Carroll

Bret Carroll

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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