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Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,399 sqft
Price per Sqft $62
Subdivision Knightwoods 1St Addn Rev
MLS Listing ID 10181184
Sold Date 10/18/24
Style Traditional
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1971
Annual Tax Amount $1,623
Property Description
What a great property for an investor - 2 long-term tenants in place, room to grow rents & do work if you want to BRRRR it. The Seller says it's one of their best-performing properties as the rents just come in every month with no issues. One side is rented for $575 & the other is $705, can be $1100+/side with some updating with an ARV of around $220-240,000! Great area, by a school & on a cove - it will be an awesome addition to your portfolio! *No seller-financing or wholesaler offers.*
Location
State TN
County Shelby
Area Parkway Village
Rooms
Dining Room 0x0
Interior
Heating Central
Cooling Central Cooling
Flooring Other (See REMARKS)
Exterior
Exterior Feature Brick Veneer, Storm Door(s)
Garage Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Level
Story 1
Foundation Slab
Water Gas
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Randall C Weatherall • Memphis Metro Realty