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Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Red Acres
MLS Listing ID 10053885
Sold Date 07/25/19
Style Traditional
Bedrooms 8
Full Baths 4
Year Built 1950
Annual Tax Amount $17,679
Property Description
Two duplexes on one lot located in the heart of East Memphis. The 1.033 acre lot has two 1950 duplexes which are tenant occupied and being sold subject to tenants' rights. This property is located in the Red Acres Subdivision. It has onsite parking in rear and shared driveway. Excellent opportunity to live on one side and collect rent on the others. Could also be site for new construction. No sign on property. Please do not disturb tenants!
Location
State TN
County Shelby
Area Galloway Gardens
Rooms
Dining Room 0x0
Interior
Heating Other (See Remarks)
Cooling Other (See Remarks)
Flooring Other (See REMARKS)
Exterior
Exterior Feature Other (See Remarks)
Garage Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Some Trees, Level, Landscaped
Story 1
Water Other (See REMARKS)
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Jeanie Henson • Madison Avenue Realty, LLC