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Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Single Family Conversion
Listing Status Sold
Purchase Type For Sale
Square Footage 3,599 sqft
Price per Sqft $130
Subdivision Annesdale Park
MLS Listing ID 10163915
Sold Date 02/29/24
Style Traditional
Bedrooms 6
Full Baths 4
Year Built 1900
Annual Tax Amount $5,015
Property Description
Renovated Duplex with 3 Bedroom 2 bath on each side/floor, currently operates as an airbnb with anywhere from $65k-$85k in revenue per year. Previously rented to long term tenants with projected total rent of $4000/month ($2000 per side) with an 8% cap rate. Also has the potential for an owner occupant to live in one side and rent the other to offset expenses. So many possibilities! Recently appraised at $485,000.
Location
State TN
County Shelby
Area Central Gardens
Rooms
Dining Room 15x15
Interior
Interior Features Permanent Attic Stairs
Heating Central
Cooling Central Cooling
Flooring Part Hardwood, Tile, Wood Laminate Floors
Fireplaces Number 2
Equipment Dishwasher, Microwave, Range/Oven (Freestanding), Refrigerator
Exterior
Exterior Feature Brick Veneer
Garage Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Level
Story 2
Foundation Partial Basement
Water Gas
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Lynda B Baddour • Ware Jones, REALTORS
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