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Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Subdivision Wh Dilatush
MLS Listing ID 10116273
Sold Date 02/18/22
Year Built 1960
Annual Tax Amount $3,838
Property Description
Welcome to your next income producing investment property 15 units All 100% occupied Gross monthly rents 4500 with 58000 annually. Units are professionally managed with some long term tenants. Sold along with 1356 Vollintine There is room to increase the rents to 425 to 500 New roof in 2020 on 3 of the buildings some updating has been done in a few of the units.
Location
State TN
County Shelby
Area Vollintine/Northside
Interior
Heating Wall Heat
Cooling Other (See Remarks)
Flooring Parquet Floor, Tile
Equipment Other (See REMARKS)
Laundry Connections
Exterior
Garage Gravel
Roof Type Composition
Building
Foundation Slab
Water Gas
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with John C Cornes • Braden, Braden & Braden LLC