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Key Details
Sold Price $226,000
Property Type Multi-Family
Sub Type Other (See REMARKS)
Listing Status Sold
Purchase Type For Sale
Subdivision Highland Heights Blk 12
MLS Listing ID 10108944
Sold Date 10/13/21
Year Built 1919
Annual Tax Amount $3,498
Property Description
Rare opportunity to beat the 1% rule of investing with this fully occupied (as of time of listing) 4 unit property in neighborhood that is trending upwards in values. 100% occupied. This property brings in $2800. Owner pays all utilities (average is $450 mo) for a net of $2350. Property has 2 duplexes ($850, $650, $650, $650) Many updates through including: fresh paint inside and outside, updated flooring, new kitchen cabinets, updated landscaping and much more (updates attached to MLS)
Location
State TN
County Shelby
Area Midtown/Holmes
Interior
Heating Central, Gas
Cooling Central
Flooring Vinyl Floor
Equipment Other (See REMARKS)
Laundry None
Exterior
Parking Features Gravel
Roof Type Composition
Building
Story 1
Foundation Conventional/Crawl Space
Water Other (See REMARKS)
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Houston Richmond • Exit Realty Blues City
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