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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Other (See REMARKS)
Listing Status Sold
Purchase Type For Sale
Subdivision Highland Heights Blk 14
MLS Listing ID 10109202
Sold Date 10/06/21
Year Built 1925
Annual Tax Amount $3,086
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 $2650 mo. Owner pays all utilities (average is $450 mo) for a net of $2200. Property has 3 buildings. One duplex and 2 singles. 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 Other (See Remarks), Vinyl Floor
Equipment Other (See REMARKS)
Laundry Common Laundry
Exterior
Parking Features Concrete, Gravel
Roof Type Composition
Building
Story 1
Foundation Other (See Remarks)
Water Gas
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with NON-MLS NON-BOARD AGENT • NON-MLS OR NON-BOARD OFFICE
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