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Key Details
Sold Price $25,000
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 0-999
Square Footage 999 sqft
Price per Sqft $25
Subdivision Barron Manor 1St Addn
MLS Listing ID 10004907
Sold Date 11/30/17
Style Colonial
Bedrooms 2
Full Baths 1
Year Built 1952
Annual Tax Amount $519
Lot Size 6,969 Sqft
Property Description
Turnkey investment property near the University of Memphis! The university is pumping millions of dollars into nearby areas: Getwell/Park Avenue sports facilities & Southern, Highland and Walker redevelopment. Rent to students and working class families with these small rentals. This one rents for $550 a month (12% CAP rate). Tenants have been in place since January of 2015 and are now month-to-month.
Location
State TN
County Shelby
Area Getwell/Park
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Textured Ceiling
Exterior
Exterior Feature Vinyl Siding
Garage Driveway/Pad
Pool None
Building
Lot Description Level
Story 1
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Jill White • JASCO, REALTORS